Teneros Has Secured $40 million

Teneros has secured $40 million in late-stage funding.
The round was led by Advanced Equities, Inc. (AEI), a
financial services company that specializes in late-stage technology
investments in the United States. This landmark investment in
the application continuity space brings the total capital raised, to
drive Teneros’ leadership position in the market, to $84.5 million.
The sector-leading funding support, by an impressive array
of blue chip investors including Goldman Sachs,
New Enterprise Associates, Sevin Rosen Funds and
STAR Ventures, speaks to the undeniable value proposition,
innovative proprietary technology, and strong competitive
positioning of the Teneros offering.

"Email system downtime creates major headaches for many
companies, directly impacting business operations, revenue
generation, customer service, and employee productivity,"
said Eric Burgener, senior analyst at The Taneja Group.
"The lack of simple, reliable email availability solutions is
a deterrent to proactively managing uptime for business
critical communication."

Advanced Equities, Inc.

Teneros