CloudEndure Receives $7,000,000 New Financing

  • Feed Type
  • Date
    12/10/2015
  • Company Name
    CloudEndure
  • Mailing Address
    244 Fifth Avenue New York, NY 10001 USA
  • Company Description
    CloudEndure provides Cloud Migration and Cloud Disaster Recovery for any application, allowing companies to mobilize entire applications with their data to and across clouds with near zero downtime and no data loss. CloudEndure enables truly consistent, block-level, real-time replication using continuous data protection (CDP).
  • Website
    http://www.cloudendure.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new capital will enable CloudEndure to scale its sales and marketing operations to meet increasing demand for its enterprise-grade Disaster Recovery (DR) solution.
  • M&A Terms
  • Venture Investor
    Infosys
  • Venture Investor
    Magma Venture Partners