Zerto has announced that it has closed a $26 million Series D funding. The round was led by Harmony Partners, with participation by Battery Ventures, Greylock IL, RTP Ventures and U.S. Venture Partners.
Zerto provides protection, recovery and migration of data in cloud and virtualized datacenters and is creating aggressive solutions for the market for virtualized disaster recovery services. This funding will allow the company to invest in the acceleration of Hybrid Cloud Adoption.
Among the recent accomplishments of Zerto:
- Delivered Zerto Virtual Replication 3.5 which adds Offsite Backup, that, when coupled with Zerto’s existing hypervisor-based replication solution, provides comprehensive data protection for enterprises and CSPs.
- Opened offices in the UK and Australia to support international growth and pent-up customer demand.
- Achieved 200 percent year-over-year revenue growth.
- Surpassed more than 100 CSPs and 500 enterprise customers including brands such as ING, Premier, and Mitsubishi Chemical Holdings Group.
- Identified by Gartner as a 2014 “Cool Vendor.”
- Expanded the Zerto Alliance Partner (ZAP) program and bestowed Zerto Certified Professional training and certifications to more than 300 partners, educating partners to sell Zerto Virtual Replication and helping to scale the sales operation worldwide.
- Outlined its Cloud Fabric strategy to offer enterprises and CSPs complete choice for operating virtualized workflows in any datacenter environment.
Ziv Kedem, CEO and co-founder of Zerto, declared:
At a time when the market is moving to software-defined ‘everything,’ Zerto offers crucial building blocks of the software-defined datacenter, namely virtualized disaster recovery, migration and workload mobility solutions, with our platform, companies can port their data to any cloud, on any hypervisor. Our ‘Cloud Fabric’ vision is a huge leap forward for IT, and shows we’re continuing to innovate and stay ahead of the market.