Industry News Desk
Cisco Helps Back Cloud Storage Start-Up Ctera
The new money is earmarked for expanding staff and addressing demand
By: Maureen O'Gara
Mar. 26, 2012 07:30 AM
Four-year-old Ctera Networks, which sells a hybrid cloud storage enablement suite to SMBs and enterprise branches, has gotten a third funding round, this one led by the ever chi-chi Venrock with a strategic investment from Cisco and participation by existing backer Benchmark Capital.
Benchmark provided Ctera's A and B rounds but nobody outside the Israel start-up seems to know how much has come in including this time.
Venrock, which is thinking Big Data, gets a seat on the board.
The new money is earmarked for expanding staff and addressing demand. Apparently Ctera has been seeing double-digit revenue growth the last seven quarters and claims to be reaching 100,000 business users.
It bridges local storage and the cloud, trying to optimize performance and end-to-end security. In the process it eliminates costs associated with file servers, backup servers and tape drives.
It's used by service providers and enterprises to deliver services such as backup, cloud on-ramping, file sharing, folder synchronization and mobile access based on the storage infrastructure they prefer such as EMC, Hitachi and IBM.
Its Cloud Attached Storage offers 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 hybrid cloud/on-premises architecture is said to combine LAN-speed access with the elasticity and resilience of the cloud. Its CloudPlug device, for instance, is supposed to transform external USB hard drives or eSATA hard drives into a NAS with automatic, unassisted backup.
Reader Feedback: Page 1 of 1
Latest Cloud Developer Stories
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
SYS-CON Featured Whitepapers
Most Read This Week