Funding

CloudEndure raises $7M

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What does CloudEndure do?

CloudEndure, is a provider of live migration and disaster recovery solutions. It is the company provides Cloud migration and disaster recovery for any application, allowing companies in mobilizing entire applications with their data to and across clouds with near zero downtime and no data loss. The company enables truly consistent, block level, real time reapplication using continuous data protection. The company’s Cloud Workload Mobility technology creates an exact copy of the entire application at an alternative cloud location, at the touch of a button, within minutes and with the latest data. The company’s supports physical, virtualized or cloud based apps as the source and Amazon Web Services, Google Cloud Platform and Microsoft’s Azure as target cloud locations.

How much CloudEndure was funded?

CloudEndure raised $7M in Series B on December 9, 2015 from Magma Venture Partners and Infosys.

Previous funding

  • $5.2M in Series A on April 10, 2012 from Magma Venture Partners

What is next for CloudEndure?

CloudEndure will use the new capital for scaling its sales and marketing operations for meeting increasing demand for its enterprise grade disaster recovery solution. The company saw a significant growth in 2015 adding Fortune 1,000 companies and expanding its sales channel with more than 70 partners globally. The new capital will enable the company to sale its efforts for meeting the increase demand from enterprise companies seeking a new gen of DR solutions. The company also continues to innovate and extend its solution for meeting the needs of its increasing customer base.

More about CloudEndure

CloudEndure was founded in 2012 by Leonid Fainberg, Gil Shai, Ofer Gadish and Ofir Ehrlich. It has its headquarters in Tel Aviv. The company helps other enterprises solve the problem of downtime without the ongoing high costs which are associated with the traditional DR approaches. The company offers live migration and disaster recovery from any platform into and across clouds.

 

 

 

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