CTERA Networks Obtains New Financing

  • Feed Type
  • Date
    3/22/2012
  • Company Name
    CTERA Networks
  • Mailing Address
    2225 E. Bayshore Road Palo Alto, CA 94303
  • 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
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new round of funding will be used to further accelerate the expansion of the CTERA team and address the strong worldwide market demand for the company’s solutions.
  • M&A Terms
  • Venture Investor
    Cisco Systems
  • Venture Investor
    Venrock
  • Venture Investor
    Benchmark Capital