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CTERA Networks Raises $25M in Funding


The round was led by Bessemer Venture Partners with participation from Cisco and new investor Vintage Investment Partners. The company, which has raised total financing to date to nearly $70m, intends to use the funds to accelerate sales and marketing initiatives and accelerate global customer acquisition. Led by co-founder and CEO Liran Eshel, Ctera provides a private cloud IT-as-a-Service platform for storing, syncing, sharing, protecting and governing data across endpoints, remote offices and servers from a centrally managed solution, which is secure and deployable on any cloud infrastructure, all behind the customer’s firewall. Clients include hundreds of premier enterprise and government organizations.

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