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Cloud Services Company CTERA Raises $30 Million


Israeli cloud services company CTERA Networks Ltd. announced Tuesday it has completed a $30 million Series D funding round. The round was led by Red Dot Capital Partners, an Israel-based venture capital fund backed by Singapore’s governmental holding company Temasek. Singtel Innov8 and existing investors Benchmark Capital, Bessemer Venture Partners, Cisco, Venrock, Vintage Investment Partners, and Viola Group also participated.

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