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Israeli cloud storage co CTERA Networks raises $25m


Based in Petah Tikva and New York, CTERA, which was founded by CEO Liran Eshel and VP R&D Zohar Kaufman, has raised $70 million to date including the latest financing round. The funds will be used to fuel sales and marketing initiatives and accelerate global customer acquisition as the CTERA Enterprise File Services Platform becomes a gold standard for file storage, collaboration and data protection among secure and distributed enterprise organizations.

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