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Boston-Based Zerto Raises $26M to Fix Corporations' Data Disasters


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Israel-founded and Boston-headquartered Zerto announced that it has raised $26 million in Series D to expand its data disaster recovery software to bulk up its team, according to VentureBeat.

The company currently has 40 employees based out of Boston and aims to add 10 to 20 more by 2014’s end. In total, Zerto employs 130.

When and if data centers run awry, Zerto’s software can both recover and replicate sensitive data on computers that are running virtualization software. ING, Fujitso and Mitsubishi Chemical Holdings Group are among Zerto’s 500 enterprise customers and 100 managed cloud provider customers.

The round was led by new investor Harmony Partners, with participation from existing investors Battery Ventures, Greylock IL, RTP Ventures and U.S. Venture Partners. Since its founding in 2009, the company has raised $60 million.

Image via Shutterstock


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