Funding

Zerto raises $20M in Series E1

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What does Zerto do?

Zerto, is the company which provides enterprise class business continuity and disaster recovery solutions for virtualized cloud and infrastructure. The company provides enterprise class business continuity solutions and disaster recovery solutions for cloud environments and virtualized data centers. In the event of a disaster, recovering terabytes of data and business processes users rely on is something they must think about rarely, but something with their IT departments deals with each day. Today, companies of all sizes are deploying applications on virtualized clouds and infrastructures. The values of virtualizations include scalability, flexibility and mobility and complicate business continuity efforts in disaster times. For realizing the benefits of organizations, virtualization necessary for optimizing IT processes for virtual environments. Disaster Recovery and business continuity is difficult  and the physical replication tools are manual and complex while virtual replication tools are not built for reliability and scaling. The company is storage agnostic, can be installed easily and is intuitive to use and suits both cloud and data centers.

How much Zerto was funded?

The company raised $20M in Series E on June 21, 2016 from CRV.

Previous funding

  • Undisclosed amount on November 23, 2009
  • $6M in Series A on May 25, 2010 from 83North and Battery Ventures
  • $15M in Series B on August 15, 2011:from S. Venture Partners (USVP), 83North and Battery Ventures.
  • $13M in Series C opened on April 4, 2013 and closed on March 20, 2013 from RTP Ventures, Battery, S. Venture Partners (USVP) and  83North
  • $26M in Series D opened on June 18, 2014 and closed on June 9, 2014 from Battery Ventures, RTP Ventures, Harmony Partners, 83North and S. Venture Partners (USVP).
  • $50M in Series E on January 13, 2016 from ClalTech, 83North, Harmony Partners,  S. Venture Partners (USVP), IVP (Institutional Venture Partners),  Mark Leslie and Battery Ventures.

What is next for Zerto?

The company plans to use the latest funding raised for maintaining its consistent sales growth with further expansion in the key international industries and regions, and for developing its product.

More about Zerto

Zerto was founded in 2009 by Ziv Kedem and Oded Kedem. It has  its  headquarters in  Boston, MA

 

  

 

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