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CTERA Networks raises $30 million from Singaporean-led group

CTERA Networks, a cloud storage company that enables enterprises to share files securely, said Tuesday it had secured $30 million in capital from investors led by two Singapore investors. Red Dot Capital Partners, a growth fund backed by Singapore’s Temasek Holdings, led the round with the support of Singtel Innov8, CTERA said. Existing shareholders Benchmark Capital, Bessemer Venture Partners, Cisco, Venrock, Vintage Investment Partners and Viola Group joined the round.

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