CTERA Networks Obtains $25,000,000 Series C Financing Round

  • Feed Type
  • Date
    7/2/2014
  • Company Name
    CTERA Networks
  • Mailing Address
    2225 E. Bayshore Road Palo Alto, CA 94303 USA
  • Company Description
    CTERA Networks revolutionizes storage, data protection and collaboration for SMBs and distributed enterprises with Cloud Attached Storage, a solution that bridges the gap between cloud storage and local storage by combining cloud storage services with on-premises storage appliances and managed end-point agents, for a seamless user experience that is both secure and fast.
  • Website
    http://www.ctera.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Using the funds to accelerate adoption of its Cloud Storage Services Platform, CTERA will build out its global go-to-market organization, and build upon CTERA’s existing success in the world’s largest and most demanding cloud environments.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor