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Solarflare to cash in on Euro demand

Friday, 02 November 2007

Cambridge based ethernet technology specialist Solarflare Communications Inc is set to cash in on strong European demand after its parent company in California clinched a significant injection of VC funding. Solarflare is a leading silicon vendor delivering ethernet products that enable the rapid adoption of 10 Gigabit for data center and enterprise networks. Its products include 10GBASE-T PHYs and high-performance ethernet controllers. The privately held company is headquartered in Irvine, California, with a development centre in Cambridge UK. It has just secured $15m (£7m) of venture debt from Hercules Technology Growth Capital, Inc. The cash will augment Solarflare’s sales & marketing efforts for 10Xpress™, a 10 gigabit ethernet transceiver solution. The capital will also enable additional R & D for the company’s line of second generation products and solutions. While current ethernet technologies available in the market use fibre wiring, Solarflare’s products use the same copper wiring that is present in most data centres and enterprises. Solarflare’s use of copper increases compatibility and provides a more cost-effective solution to customers. Solarflare is currently the only developer of ethernet technology that has successfully implemented copper wiring in its products.

 

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