CTERA Press Room
Additional Upcoming Events
Cartagena, Columbia, September 3–5
Cloud Computing & Virtualization Technology Conference 2014
Hamburg, Germany, September 11
Germany–Israel Technology Event
Munich, Germany, September 18
Managed Services & Hosting Summit
London, UK, September 25
Gateways Will Accelerate Data Migration to the Cloud
Innovation and investment in this area does not appear to be slowing down. CTERA locked in an additional $25 million in VC funding last week to accelerate the sales and marketing efforts to support its cloud gateway and file sync & share products.
CTERA Closes $25M Funding Round For Cloud Storage, File Sync And Share
The latest round of funding will make it easier for PAR 4 to bring CTERA to customers. It certainly legitimizes the intellectual property behind it to see that much money pour in. It's important to customers to know a company will be around for a while, Chris Tedesco, vice president of managed services and operations, PAR 4 Technology Group and CTERA partner.
CTERA Networks: Welcome to Platform Era for Enterprise Cloud Storage
Everyday I am amazed at the progress that we make as an organization as well as the impact that a lean and hungry team of cloud storage lovers is making on the traditional IT guard and winning. Much of our story is yet to be written, but the first chapters are incredibly inspiring and we can't wait to unveil the next chapter. The Platform Era begins now, Liran Eshel, CTERA CEO.
Private Cloud Firm CTERA Closes $25 Million Funding Round
The financing round was led by Bessemer Venture Partners, who join existing CTERA investors Benchmark Capital, Cisco, and Venrock. CTERA’s existing investors also participated in the Series C round. The current financing round brings Israel-based CTERA to a total of $45 million in funding.
New York, New York and Petah Tikvah, Israel – July 2, 2014 – CTERA Networks today announced a $25 million Series C financing. Using the funds to accelerate adoption of its Cloud Storage Services Platform, CTERA will build out its global go-to-market organization, and build upon CTERA’s existing success in the world’s largest and most demanding cloud environments.
Open Platforms Fuel Startup Ecosystems
Liran Eshel, CTERA CEO, says that CTERA benefited from the open source community, particularly OpenStack and is able to get its cloud storage services platform to market much faster while also enabling companies to benefit from cloud storage service delivery tools based on OpenStack.