CTERA raised $80 million in secondary funding led by PSG Equity to allow veteran investors to exercise their holdings in the company.
Amount Raised
$80 Million
Round Type
Secondary Market
Investors
Description
CTERA, an Israeli company developing a hybrid cloud data platform, has secured $80 million in funding primarily to enable veteran investors to exercise their holdings in the company. A significant portion of the funding was secondary, while another part will be directly invested into the company. The investment was led by PSG Equity, an American investment fund specializing in software and technology companies in growth stages.
Quick answer
CTERA raised $80 Million in a Secondary Market round, dated July 17, 2024. Investors: Bessemer Venture Partners, Red Dot Capital, Benchmark and PSG Equity.
- How much did CTERA raise?
- CTERA raised $80 Million in a Secondary Market round on July 17, 2024.
- Who invested in CTERA?
- Bessemer Venture Partners, Red Dot Capital, Benchmark and PSG Equity are named as investors in this round.
- What does CTERA do?
- CTERA is an Israeli company that develops a hybrid cloud data platform, enabling distributed file storage in private and public cloud environments with accelerated access from remote sites and AI-based protection..
- Where is CTERA based and how big is it?
- Fundz records about 190 employees.
- Who are the decision-makers at CTERA?
- Fundz holds 1 contact at CTERA. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in information technology & services and Artificial Intelligence around the same time
Companies in the same sectors as CTERA that raised within 45 days of this round, from Fundz verified event records.
- Crunch Lab raised $3.5M (Seed) on August 15, 2024.
- Vectara raised $25M (Series A) on July 16, 2024.
- LegalFly raised $16M (Series A) on July 15, 2024.
- Fireworks AI raised $52M (Series B) on July 11, 2024.
- Ruli raised $2.2M (Pre-Seed) on June 25, 2024.
- CuspAI raised $30M (Seed) on June 18, 2024.
Who to call at CTERA, and when
A new round usually means CTERA is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CTERA raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CTERA, from your own LinkedIn network
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Related People
CTERA raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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