Zerto, a Boston, MA-and Herzliya, Israel-based provider of disaster recovery solutions for virtualized data centers for both enterprises and cloud service providers, closed a $13m Series C financing.
The round was led by RTP Ventures, an affiliate of ru-Net Holdings, with participation from existing investors Battery Ventures, Greylock IL and U.S. Venture Partners. In conjunction with the funding, Murat Bicer, managing director of RTP Ventures, will join Zerto’s board of directors.
The company intends to use the capital to accelerate its commercialization strategy, expand its development and cloud product teams, its sales and marketing operations.
Founded in 2009 by Ziv Kedem, CEO, Zerto has developed Zerto Virtual Replication (ZVR), a hypervisor-based, disaster recovery and replication software for virtualized and cloud environments. The company recently announced Zerto Virtual Replication (ZVR) 3.0, which brings the hypervisor-based replication and disaster recovery solution to all virtualized workloads at the VM-level, extending the Software Defined Data Center vision to business continuity/disaster recovery (BC/DR).
The company’s solution is used by finance, healthcare and large retail customers including Univita Health, University of Louisville Physicians, SGS, Kingfisher IT Services, and others listed on the company’s web site (here).
15/08/2011: Zerto Completes $15M Series B Funding