HomefundingCTERA Networks Closes Funding Round

CTERA Networks Closes Funding Round


CTERA Networks, a Palo Alto, CA- Petah Tikvah, Israel-based provider of cloud storage enablement solutions, has closed a round of funding of undisclosed amount.

The round was led by Venrock, with a strategic investment from Cisco and participation of existing investor Benchmark Capital.

The company intends to use the capital to further accelerate the hire new people (http://www.ctera.com/home/careers.html) and expand globally.

Led by CEO Liran Eshel, CTERA Networks provides service providers and enterprises with cloud storage enablement solutions to deliver services such as backup, cloud on-ramping, file sharing, folder synchronization, and mobile access based on the storage infrastructure of their choice. Its cloud storage enablement suite includes a cloud-side service delivery platform, on-premises cloud storage gateways and agents for servers, laptops and mobile – all with a unified management interface. The company offers native support for cloud storage infrastructure from multiple vendors including Hitachi Data Systems, EMC, IBM, and others.
In conjunction with the funding, Venrock partner Ray Rothrock will join CTERA’s board of directors.