CTRA Networks, a platform cloud-based storage services in 08, announced a series C funding of $ 25 million. Using the funds to accelerate the adoption of its cloud platform storage services, CTERA is planning to build its global organization go-to-market.
Last year CTERA Networks was recognized by Gartner as one of the Cool Vendors in Storage Technologies.
Designed for large enterprises and similar hosting cloud service providers, cloud platform storage services CTERA is a cloud storage solution to combine an enterprise backup software terminals, the company file synchronization and sharing software and cloud storage gateway appliances.
as a platform, CTERA technology enables organizations to synchronize, to serve and protect the data from a centralized management solution that would be safe and deployable cloud infrastructure their choice.
The financing round was led by Bessemer Venture Partners , who join existing investors Benchmark Capital CTERA, Cisco and Venrock. Existing investors of CTERA also participated in the round of Series C
$ 4B under management
Earlier this year, the company announced that more than 21,000 companies are powered by CTERA technology, and marked the shipment of more than 30,000 CTERA cloud Storage Gateways to date. CTERA was chosen as the platform of choice by Fortune 1000 customer across a number of industries, including financial services, banking, advertising, telecommunications, utilities, manufacturing, and many more.
"We are very impressed with the strength and breadth of the platform CTERA and validation that the company has received the company the global leader and customer hosting cloud service providers "said Adam Fisher, partner at Bessemer who, as part of the financing round, will join the board of directors CTERA . "There is a wave of disturbances transform the way companies deploy and manage data storage which is powered by the centralized delivery and adoption of managed, profitable, and scalable cloud storage and CTERA is central to all.
Bessemer venture Partners (BVP) invests in early stage, the hyper-growth startups in partnership closely with entrepreneurs to build sustainable businesses. BVP is a global company with offices in Menlo Park, Cambridge, New York, Mumbai, Bangalore, Herzliya and Sao Paulo. with $ 4 billion under management, BVP invests over $ 100,000 million to $ 75 in innovative companies like LinkedIn, Shopify, Yelp, Skype, CornerstoneOnDemand, Pinterest, Box and Twilio.
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