Private cloud for businesses: CTERA Networks raises $ 25 million

by bold-lichterman

Specialized in cloud storage, the Israeli start-up CTERA Networks has just raised $ 25 million from Bessemer Venture Partners. The fund, which manages $ 4 billion in assets, therefore joins Benchmark Capital, Cisco and Venrock, the historical shareholders.

CTERA markets a cloud solution that backs up workstations and mobile devices within a company – even remotely – and synchronizes all the data between the different workstations. These can then be shared between the different collaborators to promote collaborative work. Everything is then managed from a central platform.

“CTERA was founded on the conviction that companies would have to master their cloud program by providing secure storage services from their preferred clouds,” explains David Darmon, regional director for France and Benelux. The company offers a hybrid solution combining remote storage and synchronization, and local backup on physical site with the infrastructures chosen by the company. Employees therefore no longer need to use third-party solutions, sometimes intended for the general public.

Founded in 2008 in Israel and present in France since 2009, CTERA Networks recently opened an office in New York. Positioned on a B2B market (business to business, ndlr), it targets SMEs and large accounts and markets its solutions under license. Last February, it claimed 21,000 companies using its solutions.

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