CTERA Networks Lands $25,000,000 New Funding

  • Feed Type
  • Date
    9/14/2016
  • Company Name
    CTERA Networks
  • Mailing Address
    205 E. 42nd Street New York, NY 10017 USA
  • Company Description
    Cloud storage enablement for enterprises, service providers and SMB resellers – deliver all-in-one storage, backup, file sync & share, mobile collaboration from your private or public cloud infrastructure of choice.
  • Website
    http://www.ctera.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funds will be used to fuel sales and marketing initiatives and accelerate global customer acquisition as the CTERA Enterprise File Services Platform becomes a gold standard for file storage, collaboration and data protection among secure and distributed enterprise organizations.
  • M&A Terms
  • Venture Investor
    Bessemer Venture Partners
  • Venture Investor
    Cisco Investments
  • Venture Investor
    Vintage Venture Partners