Zetta.net Raises $8m in Series B Funding

Zetta.net, a Sunnyvale, Calif.-based cloud-native backup and disaster recovery technology, raised $8m in Series B funding.

The round was led by Industry Ventures, with the participation of existing investors Foundation Capital and Sigma.

The company intends to use the funds to continue to invest in research and product development, grow its MSP and channel program, and expand its sales and marketing efforts.

Established in 2008 and led by Ali Jenab, CEO, Zetta.net provides a SaaS-based, backup, disaster recovery and archiving technology for small and medium enterprises, distributed organizations, and managed service providers (MSPs).
The company also announced the general availability of Zetta.net DataProtect™ 4.0, which delivers 3-in-1 enterprise-grade data protection that includes local software, cloud backup, archiving and disaster recovery functionality. It is a cloud-native solution, which is specifically designed for the Internet with built-in WAN traffic optimization and 10 patent-pending cloud performance acceleration technologies.

FinSMEs

18/06/2013

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