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CTERA Networks Raises $25M in Funding

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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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