Success Story

Siara Systems

  • Founded: May 1998
  • NVP Investment: $5.5 Million
  • Acquisition: March 8, 2000
  • Acquisition Price: $4.3 Billion
  • Employees: 240 (at acquisition)
  • Location: Sunnyvale, CA
  • Acquired by: Redback Networks
Vivek Ragavan

Vivek Ragavan

President and CEO

β€œIt has always been a win-win relationship. We have relied on Promod for advice in many areas – sales strategy, dealing with system integrators, recruiting, advice on partnerships, and different types of financing. Norwest Venture Partners has always provided good financial guidance and has participated actively in the negotiation of our merger with Redback Networks.”