Wednesday, March 21, 2012

CTERA Networks Finds Funding For Cloud Storage Appliances

Palo Alto-based CTERA Networks, a developer of appliances and software which combine cloud storage with on-premise storage, said today that it has scored a round of funding. The round was led by Venrock Associates, and also included Cisco and Benchmark Capital. Financial details of the round were not announced. Ray Rothrock of Venrock joins the firm's board with the funding. CTERA is run by Liran Eschel, and also has operations in Petah Tikvah, Israel. More information »