Zerto, a startup with software for copying data to multiple storage media in order to simplify disaster recovery, has raised $26 million in new funding.
Now Zerto, which has offices in Boston and Herzliya, Israel, will be able to keep expanding around the globe and continue product development, the startup said in a statement on the news.
Disaster recovery might not sound as hip as, say, the Internet of things. But big companies and cloud providers think hard and spend lots of money to make sure their information is available if their data centers go haywire.
That’s also why Actifio, a startup that has devised ways to ensure data availability while paring down the number of copies and is often tapped for disaster-recovery purposes, has proven attractive to investors. And it’s why VMware has added a disaster-recovery option to its public cloud.
Zerto has its own take on disaster recovery, which involves the use of hypervisors that enable physical servers to host virtual machines, each of which can run applications. The software works well with VMware’s popular software for virtualization and can handle a variety of storage hardware.
The startup claims to have racked up 500 enterprises and 100 managed cloud providers as customers. The customer list includes ING, Fujitsu, and Verizon’s Terremark cloud division.
Harmony Partners led the new round in Zerto. Battery Ventures, Greylock IL, RTP Ventures, and U.S. Venture Partners also participated.
To date, Zerto has taken on $60 million in funding, including a $13 million round last year. Zerto started in 2009.
Zerto provides enterprise-class business continuity and disaster recovery solutions for virtualized infrastructure and cloud. Zerto Virtual Replication, which was recently awarded Best of Show and the Gold Award for Business Continuity... read more »
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