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  • Zerto raises $15 Million in Series B of Funding for Disaster Recovery for Cloud Systems

    August 22nd, 2011 No comments

    Zerto Inc., the Israeli based developer of the software called Disaster recovery, has recently announced the end of the second round of funding which has brought the company an amount of $15 million. The funding round has been led by US Venture Partners and joined by current investors Greylock Partners and Battery Ventures. The first round of funding has brought the company $7 million.

    The company has been founded by Ziv Kedem, the CEO of the company, and his brother, Oded Kedem, the CTO of the company. They have previously worked for the disaster recovery company Kashya, which has been sold in 2006 to EMC Corporation. The director of Zerto, Erez Ofer, has also been involved in the deal with Kashya.

    In a recent interview, the CEO of the company, Ziv Kedem, stated the following: “Disaster recovery is something you only want when you really need it.” The company has also produced the Zerto Virtual Replication solution, which is “the industry’s first hypervisor-based replication solution for large enterprises.” This solution comes in handy for large companies in the situations in which they have to protect mission-critical applications as this is a hypervisor-based solution which allows replication to happen within the virtual infrastructure of the data centre instead of the physical storage arrays. It is important to know that the solutions developed by the company are designed for VMware Inc. cloud computing environments.

    The solutions offered by Zerto are different from those of Kashya. The later designed a disaster recovery solution which replicated the date existing on the hardware system onto another, which caused companies to continue working in a case of disaster system. On the other hand, Zerto provided solutions which operate at the virtualization level. Kedem stated the following: “The IT market has changed since the acquisition of Kashya. Today, IT departments are based on much more on virtualization.”

    This means that the solutions provided by Zerto are based both of technology and business functionality. The company also provides solutions which target service providers and data centres, meaning that they can also provide data replication services to third parties from remote server farms.

    Jacques Benkoski, Ph.D., Venture Partner at USVP, stated the following: “With many companies seeking to move their critical applications to virtualized and cloud-based environments, the lack of adequate BC/DR solutions has been a major impediment. We are pleased to be able to invest in an experienced team and a solution that enables the next major wave of virtualization and cloud adoption by Fortune 500 companies.”

    For the moment, the company activates in Israeli and in the United States. The firm announced the beginning of sales for this new service developed. The company has, for the moment, 30 employees which activate both in Israeli and in the US.

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