CTERA Networks Overview
CTERA is a leader in hybrid cloud file services, powering more than 50,000 enterprise sites and millions of corporate users. CTERA delivers a cloud-native global file system over public or private object storage, with a rich data services ecosystem that enables enterprises to gain full control of their data environment for optimal edge performance, granular security, data insight, and governance. CTERA has been named the top leader of GigaOm's Distributed Cloud File Storage Radar for 2021, 2022, and 2022, and was also designated as a Leader and Fast Mover in the GigaOm 2023 Sonar Report for File-Based Primary Storage Ransomware Protection.
Cumulative Funding Raised Over Time ($)
$9.0MJan 2009
$89.0MJul 2024
$100.0MMar 2012
$125.0MSep 2016
$155.0MSep 2018
Latest News
Growth-Positive
CTERA Announces $80m Growth Investment from PSG Equity
CTERA, a leader in hybrid cloud data management, has raised $80 million in funding from PSG Equity and other investors. The funds will be used to further expand the companys operations and improve its services. Ronen Nir, Managing Director at PSG, has joined CTERA’s board of directors. CTERA provides a global file system across public and private cloud environments with AI-based ransomware protection and data intelligence services. The company is at the core of hybrid cloud initiatives at some of the worlds largest banks, healthcare organizations, global media groups, and government agencies.
InvestmentManagement Changes
growth-positive
CTERA Wins 2022 Cloud Computing Security Excellence Award
CTERA, the leader in secure edge-to-cloud file services, has been recognized as a winner of the 2022 Cloud Computing Security Excellence Award. The award, presented by Cloud Computing magazine, acknowledges CTERAs innovative use of cloud computing in providing secure and differentiated offerings to the market. CTERAs zero trust architecture and unique features like CTERA Direct and Security Zones have contributed to its success in overcoming the security barrier to cloud adoption. The company offers a distributed global file system platform that unites core, branch, and home offices under a single namespace with centralized management. CTERA has also recently introduced the industrys first Security Zones feature, allowing for granular control over information accessibility and storage. This recognition highlights CTERAs leadership in edge-to-cloud file services.
CustomersPartners
growth-positive
Ctera opens up its storage to third-party analytics via APIs
Israeli file management specialist Ctera has enhanced its cloud storage access offering with APIs to allow third-party tools to search and work with data. The company aims to become a supplier of cloud services for business processing of data. Cteras gateway solution enables branch locations to access the latest versions of documents modified anywhere else, and collaborators and applications can access these documents via SMB. The company partners with third-party providers, such as Varonis, to offer additional functionality like data analysis and identification of sensitive content. Cteras APIs can be programmatically written into various languages and protocols. The companys emphasis is on sharing documents internationally and providing a global file system.
Partners
growth-positive
CTERA: Not storage, but a cloud data services biz - Blocks and Files
CTERA is transitioning from a storage company to a cloud-based data services business. They offer a range of services including edge filers, file sync and share, security, data migration, and analytics. CTERA sees itself competing with NetApp, Nasuni, and Panzura in the cloud file services and collaboration space. They have recently won a $497 million contract with the Department of Veteran Affairs to provide infrastructure-as-a-managed-service. CTERAs growth and revenue are increasing, and they have attained a run rate of multiple tens of million dollars a year. Nasuni, a competitor, claims to be larger in terms of revenue, employees, and customers. CTERAs CEO has no plans to raise more VC money.
CustomersPartners
growth-positive
Ctera teams with Varonis on new file monitoring, controls
Ctera has formed a partnership with Varonis Systems to enhance the security and control of its Enterprise File Services Platform. The integration with Varonis Data Security Platform will provide increased visibility and protection for enterprise users. The partnership will benefit both companies, with Varonis offering a higher level of data management and Ctera positioning itself as a comprehensive edge-to-cloud service. The integration is currently being tested and will be available to clients in July. Cteras platform allows enterprises to move their data storage to various environments, including public, private, and hybrid clouds. The company also has partnerships with storage gateway appliance vendors such as Dell, HPE, and IBM.
Partners
| Sector | Business Software |
Funding
| Total funding | $155M |
| Last funding | $80M |
| Stage | D |
| Rounds | 5 |
| Investors | 10 |
Team Members
6
Employees: 51-200
Web & Social Links
| Website | www.ctera.com |
| Careers | Careers page |
Locations
Ef'al Street 25, Petah Tikva, Israel
205 East 42nd Street, New York, NY 10017, USA
Photos & Videos
4 item(s)
CTERA Networks Business
Business models
B2B, B2G
Product stage
Released
Employees
51-200
Sector
Business SoftwareIT, R&D & Data SolutionsData ArchitectureTarget Customer
Enterprise & Professional ServicesEnterprisesCore Technology
Platforms & InterfacesSoftwareData StorageCloudTags (7)
cloud-storagefile-securityenterprise-solutionssoftware-applicationscloudsecuritydata-storageGeographic Markets
United StatesIsraelCTERA Networks Financials
$155M
Total funding
Undisclosed
Capital raised
$80M
Last funding
D
Funding stage
5
Total rounds
10
Investors
Cumulative Funding Raised Over Time ($)
$9.0MJan 2009
$89.0MJul 2024
$100.0MMar 2012
$125.0MSep 2016
$155.0MSep 2018
Private Equity Funding
Undisclosed Round
Jul 2024
$80M
PSG (Lead)
,
Titan Capital Partners
D Round
Sep 2018
$30M
Red Dot Capital Partners (Lead)
,
Cisco Investments, Singtel Innov8, Bessemer Venture Partners, Viola Ventures, Vintage Investment Partners, Benchmark Capital, Venrock
C Round
Sep 2016
$25M
Cisco Investments, Bessemer Venture Partners, Venrock, Benchmark Capital
B Round
Mar 2012
$11M
Benchmark Capital, Cisco Investments, Venrock
A Round
Jan 2009
$9M
Benchmark Capital
CTERA Networks Lifecycle
Cumulative Funding Raised Over Time
$9.0MJan 2009
$89.0MJul 2024
$100.0MMar 2012
$125.0MSep 2016
$155.0MSep 2018
All Events
Undisclosed Round
Jul 2024
$80M
PSG (Lead)
,
Titan Capital Partners
D Round
Sep 2018
$30M
Red Dot Capital Partners (Lead)
,
Cisco Investments, Singtel Innov8, Bessemer Venture Partners, Viola Ventures, Vintage Investment Partners, Benchmark Capital, Venrock
C Round
Sep 2016
$25M
Cisco Investments, Bessemer Venture Partners, Venrock, Benchmark Capital
B Round
Mar 2012
$11M
Benchmark Capital, Cisco Investments, Venrock
A Round
Jan 2009
$9M
Benchmark Capital
CTERA Networks News
15 articles
Growth-Positive
CTERA Announces $80m Growth Investment from PSG Equity
CTERA, a leader in hybrid cloud data management, has raised $80 million in funding from PSG Equity and other investors. The funds will be used to further expand the companys operations and improve its services. Ronen Nir, Managing Director at PSG, has joined CTERA’s board of directors. CTERA provides a global file system across public and private cloud environments with AI-based ransomware protection and data intelligence services. The company is at the core of hybrid cloud initiatives at some of the worlds largest banks, healthcare organizations, global media groups, and government agencies.
InvestmentManagement Changes
growth-positive
CTERA Wins 2022 Cloud Computing Security Excellence Award
CTERA, the leader in secure edge-to-cloud file services, has been recognized as a winner of the 2022 Cloud Computing Security Excellence Award. The award, presented by Cloud Computing magazine, acknowledges CTERAs innovative use of cloud computing in providing secure and differentiated offerings to the market. CTERAs zero trust architecture and unique features like CTERA Direct and Security Zones have contributed to its success in overcoming the security barrier to cloud adoption. The company offers a distributed global file system platform that unites core, branch, and home offices under a single namespace with centralized management. CTERA has also recently introduced the industrys first Security Zones feature, allowing for granular control over information accessibility and storage. This recognition highlights CTERAs leadership in edge-to-cloud file services.
CustomersPartners
growth-positive
Ctera opens up its storage to third-party analytics via APIs
Israeli file management specialist Ctera has enhanced its cloud storage access offering with APIs to allow third-party tools to search and work with data. The company aims to become a supplier of cloud services for business processing of data. Cteras gateway solution enables branch locations to access the latest versions of documents modified anywhere else, and collaborators and applications can access these documents via SMB. The company partners with third-party providers, such as Varonis, to offer additional functionality like data analysis and identification of sensitive content. Cteras APIs can be programmatically written into various languages and protocols. The companys emphasis is on sharing documents internationally and providing a global file system.
Partners
growth-positive
CTERA: Not storage, but a cloud data services biz - Blocks and Files
CTERA is transitioning from a storage company to a cloud-based data services business. They offer a range of services including edge filers, file sync and share, security, data migration, and analytics. CTERA sees itself competing with NetApp, Nasuni, and Panzura in the cloud file services and collaboration space. They have recently won a $497 million contract with the Department of Veteran Affairs to provide infrastructure-as-a-managed-service. CTERAs growth and revenue are increasing, and they have attained a run rate of multiple tens of million dollars a year. Nasuni, a competitor, claims to be larger in terms of revenue, employees, and customers. CTERAs CEO has no plans to raise more VC money.
CustomersPartners
growth-positive
Ctera teams with Varonis on new file monitoring, controls
Ctera has formed a partnership with Varonis Systems to enhance the security and control of its Enterprise File Services Platform. The integration with Varonis Data Security Platform will provide increased visibility and protection for enterprise users. The partnership will benefit both companies, with Varonis offering a higher level of data management and Ctera positioning itself as a comprehensive edge-to-cloud service. The integration is currently being tested and will be available to clients in July. Cteras platform allows enterprises to move their data storage to various environments, including public, private, and hybrid clouds. The company also has partnerships with storage gateway appliance vendors such as Dell, HPE, and IBM.
Partners
growth-positive
CTERA launches DevOps toolset for global-scale file delivery to enable remote work - SiliconANGLE
CTERA Networks has launched DevOps tools to enable global-scale file delivery and support remote work. The tools, including the CTERA Software Development Kit for Python and the CTERA Ansible Collection, allow engineers to provision hybrid cloud storage services with ease. The platform aims to help enterprise businesses adapt rapidly and deliver data to remote workers, enhancing collaboration. With the increased need for remote work due to the COVID-19 pandemic, CTERA believes that the agile and frictionless delivery of remote file services will become even more important. The CTERA DevOps SDK and Ansible Collections are available on GitHub under an open-source license.
Partners
growth-positive
CTERA Earns U.S. Department of Defense APL Certification
CTERA, the global leader in edge-to-cloud file services, has announced that its platform has been certified for the United States Department of Defense Information Network Approved Products List (DoDIN APL). This certification allows U.S. Department of Defense (DoD) agencies to deploy CTERA solutions to modernize their file services infrastructure. CTERA is the first cloud file services provider to receive this certification. The DoDIN APL designation ensures that products have completed interoperability and cybersecurity certifications. CTERAs inclusion on the DoDIN APL reflects its commitment to ensuring federal and defense agencies can modernize without compromising data privacy requirements. The CTERA platform offers local performance, cloud scalability, and global collaboration with high levels of data control.
Partners
growth-positive
CTERA Announces Record Year in 2018, Rides the Wave of Enterprise Multi-Cloud Adoption
CTERA Networks had a record year in 2018, doubling enterprise software subscription revenue year-over-year. They secured $30M in Series D funding, developed strategic partnerships, and expanded globally. They added over 50 new large enterprise customers and won multiple deals greater than $1M. CTERA also extended their product line, launched new data loss prevention capabilities, and introduced smart cloud tiering capabilities. They opened a new headquarters in Singapore and completed a funding round with participation from existing investors and new shareholders Red Dot Capital and Singtel Innov8.
CustomersPartnersInvestment
growth-positive
CTERA Raises $30 Million in Growth Funding to Power Global Expansion
CTERA Networks has secured a $30 million Series D growth equity funding round led by Red Dot Capital Partners and with the participation of new investor Singtel Innov8. The investment will be used for the expansion of CTERAs global sales and delivery organization, particularly in Southeast Asia and Singapore, as well as for the development of its patented file services technology. The funding round follows a successful year for CTERA, during which the company has doubled its enterprise software subscription revenue, signed strategic reselling agreements with IBM and HPE, and added notable organizations such as McDonalds, WPP Plc, and the U.S. Department of Defense to its customer base. CTERA is recognized as a leader in secure enterprise file services and aims to continue its growth momentum and global expansion with the support of its shareholders.
InvestmentExpand
growth-positive
Israeli cloud storage co CTERA Networks raises $25m
CTERA Networks, an Israeli cloud storage company, has announced a $25 million investment round led by Bessemer Venture Partners. The funds will be used to fuel sales and marketing initiatives and accelerate global customer acquisition. CTERAs Enterprise File Services Platform addresses end user computing file management and data protection requirements. The platform integrates endpoint, office, and cloud file services with IT security, cloud choice, and automation. CTERA aims to provide secure tools for easy and globally accelerated access to files and backups. The investment will enable CTERA to deliver best-in-class products, support, and service to a broader collection of enterprise customers.
Investment
growth-positive
CTERA Networks Named As a Top Ten Israeli Start-Up
CTERA Networks has been named among the top 10 Best Israeli Start-ups by the Ayn Rand Annual Atlas Awards. The recognition comes at a time of global demand for CTERAs Enterprise File Services Platform. Deloitte also named CTERA as one of the fastest growing technology start-ups in Europe, Middle East, and Africa (EMEA).
Customers
growth-positive
Israeli Cloud Company CTERA Networks Makes Deloitte's Fast 500 EMEA
Israeli cloud company CTERA Networks has been recognized in the 2015 Deloitte Technology Fast 50 Israel and Fast 500 EMEA rankings. The company has experienced customer traction, partnerships, and product validation. CTERA Networks has raised $25 million in investment, including funding from Benchmark and Bessemer Venture Partners. They provide a cloud storage services platform for file sharing, backup, and remote office storage.
CustomersPartnersInvestment
growth-positive
Fortune Global 500 Bank Selects CTERA Cloud Storage Gateways and Secure File Sync for Thousands of Branch Offices
CTERA Networks has been selected by a Fortune Global 500 financial services firm to deploy its Enterprise File Services Platform and Cloud Storage Gateways at over 4,000 retail branch offices. This is the largest cloud storage gateway deal ever announced for a banking customer. The selection was made after an extensive security audit and the solution will be operated within the customers own secure private cloud environment. The CTERA solution offers cost reduction, improved IT support efficiency, regulatory compliance, data governance, user data mobility, and software distribution capabilities. CTERA Networks provides cloud storage services and is backed by investors such as Bessemer Venture Partners, Benchmark Capital, Venrock, and Cisco.
Customers
growth-positive
CTERA Integrates with Parallels Automation, Enabling Cloud Service Providers to Launch Storage-as-a-Service Offerings - CTERA
CTERA Networks has released a certified Application Packaging Standard (APS) for its storage-as-a-service offerings. This will allow cloud service providers (CSPs) using Parallels Automation platform to sell, provision, manage, and bill for CTERA-based offerings. The integration with Parallels Automation enables CSPs to provision services to new customers easily and securely, launch their own branded storage-as-a-service offerings, and facilitate automated payment processing integration. Portugal Telecom is one of the first CSPs to benefit from this partnership, launching its new cloud service called Virtual Disk 360. CTERA is officially certified on Application Packaging Standard (APS) 1.2 and expects to be certified on APS 2.0 this quarter.
Partners
growth-positive
Cool Vendors in Storage Technologies, 2013
The article discusses five companies that provide innovative storage capabilities and/or help contain the costs associated with storage and its operational management. It also mentions two vendors that were previously profiled in a Cool Vendors report. The impact on Gartner is growth-positive as it highlights companies that offer valuable solutions in the storage industry. The key theme of the article is innovative storage capabilities and cost containment. The key issues discussed are related to partners. The date of the event described in the article is not mentioned. The confidence level of the answer is 8.
Partners
CTERA Networks Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 184 |
| Team members | 6 |
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 514141985 |
| Crunchbase | ctera-networks |
| Phone | +97236799000 |
| Last updater | Dana Arnon |
| Updater email | dana.arnon@mail.huji.ac.il |
| Last update | 2022-11-21T00:00:00.000Z |
| Created | 2013-08-04T00:00:00.000Z |
| Claimed | Yes |