Tarmin Technologies

Mar 22, 2015

Tarmin Technologies Limited, developer of advanced information management products, announces that it has successfully completed its initial round of financing, led by CREATE Partners with NW Brown and NorthStar Equity Investors participating. We are impressed with the strides Tarmin has made Cambridge, UK. (PRWEB) November 7, 2006 Tarmin Technologies Limited , developer of advanced information management products, announces that it has successfully completed its initial round of financing, led by CREATE Partners with NW Brown and NorthStar Equity Investors participating. The funds will be used to further develop the company's technology and to extend the penetration of key markets. Tarmin is a frontrunner in the fast-growing market of Information Archive Management , the long term intelligent storage of electronic information. Demand in this market is being driven by factors including the exponential growth of unstructured fixed content, security requirements and new legislation. By offering breakthrough improvements in key areas of networked information management, Tarmin's products enable organisations to effectively address new online opportunities, mitigate risk and achieve significant cost savings. Organisations of all sizes must understand where their information is, know it is secure and have processes to access it swiftly and economically across different applications and platforms, or risk disruption leading to economic loss, damage, or even demise. By making Intelligent Archive Management a priority, enterprises can reduce the risk of downtime, increase their resiliency to inevitable disruptions, become more flexible, and obtain a higher return on investment in their IT systems. The founding team comprises experienced industry veterans from data storage, data security and data networking companies in the United States and Europe. "The size, timing and calibre of investors in this round are a testament to our team, products and strategy," said Shahbaz Ali, president and CEO of Tarmin Technologies Ltd. "We are proud to have earned the respect and backing of institutional investors who understand this market space and are keen to help accelerate our expansion plans. " "We are impressed with the strides Tarmin has made," said Matt Pieterse, an Investor Director with CREATE. "Tarmin is special because the technology significantly improves the economics for everyone right across the industry value chain – from OEMs to systems integrators to end users. We believe that Tarmin has powerful customer validation for its technology and the vision necessary to become a preferred provider of these critical solutions. We are pleased to be a part of this exciting venture. " Notes for Editors About Tarmin Technologies Ltd Operating in the United Kingdom and the United States, Tarmin is positioning itself as a forerunner in the burgeoning field of Information Archive Management, the long term intelligent storage of electronic information. Tarmin's software is designed to provide the enterprise with the most cost-effective and operationally effective data archival solutions available. For additional information, please visit http://www.tarmin.com . Media Contact: