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Monday, August 22, 2011

DR firm Zerto brings in $15M Series B round

By James M. Connolly

Business continuity and disaster recovery software provider Zerto, based in Israel and Waltham, reported today that it has completed a $15 million Series B round led by U.S. Venture Partners as a new investor and existing investors Battery Ventures and Greylock Partners.

Zerto was founded in 2010 by storage industry veterans including Ziv Kedem, Zerto’s founder and CEO, who previously co-founded Kashya, which was acquired by EMC Corp. The company targets its technology at virtualized data centers and cloud environments. Jacques Benkoski, partner at U.S. Venture Partners, is taking a seat on Zerto’s board.

In addition to making the funding announcement , Zerto reported the commercial availability of Zerto Virtual Replication, a hypervisor-based replication offering for large enterprises.

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