CTERA Networks Obtains New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6c457852-3864-4fc4-8e70-00f217e6e27e&Preview=1 -
Date
3/22/2012 -
Company Name
CTERA Networks -
Mailing Address
2225 E. Bayshore Road Palo Alto, CA 94303 -
Company Description
CTERA Networks revolutionizes storage, data protection and collaboration for SMBs and distributed enterprises with Cloud Attached Storage, a solution that bridges the gap between cloud storage and local storage by combining cloud storage services with on-premises storage appliances and managed end-point agents, for a seamless user experience that is both secure and fast. -
Website
http://www.ctera.com -
Transaction Type
Venture Equity -
Transaction Amount
Undisclosed -
Transaction Round
Undisclosed -
Proceeds Purposes
The new round of funding will be used to further accelerate the expansion of the CTERA team and address the strong worldwide market demand for the company’s solutions. -
M&A Terms
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Venture Investor
Cisco Systems -
Venture Investor
Venrock -
Venture Investor
Benchmark Capital
