Zerto Secures $15,000,000 Series B Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20c86303-b7d6-4889-a87a-ea3a649728cd&Preview=1
Date
8/16/2011
Company Name
Zerto
Mailing Address
930 Winter Street Waltham, MA 02451
Company Description
Zerto is the industry’s first hypervisor-based, virtual-aware, replication solution for tier-one applications. It closes a critical gap in cloud and enterprise business continuity and disaster recovery (BC/DR).
Website
http://www.zerto.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Series B
Proceeds Purposes
Zerto announced the commercial availability of ‘Zerto Virtual Replication,’ the industry’s first hypervisor-based replication solution for large enterprises.
M&A Terms
Venture Investor
U.S. Venture Partners
Venture Investor
Battery Ventures
Venture Investor
Greylock Partners