Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ba93c347-11c9-4812-857c-ac40c11c4697
Date 6/18/2014
Company Name Zerto
Mailing Address 27-43 Wormwood Street Boston, MA 02210 USA
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).
Proceeds Purposes The round brings Zerto’s total financing to more than $60 million and provides a large war chest to allow Zerto to expand its global footprint, maintain long-term independence and focus major R&D efforts around the company’s recently launched Cloud Fabric initiative for workload mobility in hybrid clouds.