Head over to our on-demand library to view sessions from VB Transform 2023. Register Here
Disasters happen, and not planning for them is just not an option for most companies when it comes to protecting data and IT infrastructure. However, disaster recovery startup Zerto is attempting to make the process less painful and more efficient.
Today, the startup also closed a $13 million round of funding to help build its recovery platform, which uses virtualization to back up its clients systems on the cloud. Traditionally, companies needed to spend lots money to copy and store their existing infrastructure in the event of a disaster, but Zerto’s platform simplifies the process, which also lowers the overall costs.
Zerto said it plans to use the additional capital to further develop its recovery and virtualization technology and hire additional developer and marketing employees. The new round was led by led by RTP Ventures (an affiliate of ru-Net Holdings), with participation from existing investors Battery Ventures, Greylock IL, and U.S. Venture Partners. Under the deal, RTP Ventures managing director Murat Bicer will also join the company’s board of directors.
VB Transform 2023 On-Demand
Did you miss a session from VB Transform 2023? Register to access the on-demand library for all of our featured sessions.
Founded in 2009, Zerto operates jointly from Israel and Boston, Mass. The company has previously raised $21.2 million in funding from previous rounds, and $34.2 million to date.
Storm cloud photo via Shutterstock
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.