Zerto has secured a USD 50 million Series E financing led by IVP and has achieved a fourth consecutive year of 100 percent+ sales growth.
The additional capital will support continued product development to increase the flexibility of software defined, hybrid cloud infrastructures for easier adoption and use by business leaders in a wide range of industries. As a later stage venture capital investor, IVP´s noteworthy successes include high profile technology companies AppDynamics, Domo, Marketo, Netflix, Pure Storage, Snapchat, and Twitter.
IVP led the financing round which included new investor, Access Industries, via its Israeli entity, Claltech.
With USD 5.4 billion of committed capital, IVP is one of the premier later-stage venture capital and growth equity firms in the United States. Founded in 1980, IVP has invested in over 300 companies and 103 have gone public.
Access Industries is a privately held, US group with global strategic investments. Founded in 1986 by Len Blavatnik, an American entrepreneur and philanthropist, the group is headquartered in New York.
Zerto is committed to keeping enterprise and cloud IT running 24/7 by providing innovative, simple, reliable and scalable business continuity software solutions.