Zerto, a start-up based in Herzelia, Israel, closed a $13 million round of Series C financing for its hypervisor-based, disaster recovery and replication software for virtualized environments.
The Zerto Virtual Replication (ZVR) 3.0 provides hypervisor-based replication and disaster recovery for all virtualized workloads at the VM-level. This extends a software defined data center vision to business continuity/disaster recovery solutions.
The company said it is gaining traction with enterprise customers including many finance, healthcare and large retail firms such as Univita Health, University of Louisville Physicians, SGS, Kingfisher IT Services and others. Zerto's Virtual Replication also targets cloud providers/
The round was led by RTP Ventures, an affiliate of ru-Net Holdings, with strong support from existing investors Battery Ventures, Greylock IL and U.S. Venture Partners. Murat Bicer, managing director of RTP Ventures, will join the company’s board of directors.
- Founded in 2009, Zerto had raised $21.2 million in previous rounds.
