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Enterprise file services platform CTERA picks up $25 million


Extending its Series C funding round from July 2014 that brought in $25 million, CTERA Networks announced on Tuesday another $25 million investment that will be used to strengthen the footing of its Enterprise File Services Platform and focus on sales, marketing and customer acquisition initiatives. Bessemer Venture Partners once again led the round, with participation from Cisco and new investor Vintage Investment Partners. This brings their total financing to almost $70 million.

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