Zadara, an Irvine, CA-based provider of zero-risk enterprise cloud storage, raised a $25m funding round.
The round was led by IGP Capital with participation from existing investors. The closing of the investment is conditioned upon the approval of the general meeting of Zadara. This brings the total equity raised to over $60 million.
The company intends to use the funds to accelerate growth, including expanding its worldwide sales, dev-ops and engineering teams as well as its service provider partner channel, develop its service offering, which focuses on eliminating the technical, operational, and financial risks associated with enterprise data storage and management.
Led by Nelson Nahum, CEO and co-founder, Zadara uses a combination of hardware and patented software to deliver enterprise-class data storage and management — via cloud. Customers have full flexibility of choice when it comes to their installations as it supports all protocols, data types and locations. In addition, through the company’s usage-based pricing model, customers only pay for the storage they consume.
Zadara is available via public clouds, including AWS, Google Cloud Platform and Azure, managed service providers, data centers, colocation partners, and on premises in customers’ data centers.