Zerto, an Israel-founded disaster recovery software firm with its US headquarters in Boston, today announced it’s raised $26 million in Series D funding to expand its business and make new hires, including in Boston.
The company currently employs 40 in Boston and expects to grow to 50 or 60 here by the end of the year, a spokesperson said. Zerto currently employs 130 overall.
Zerto offers software that aims to ensure that data can be recovered and replicated on computers that are running virtualization software, from vendors such as VMware. Customers of Zerto include ING, Fujitsu, and Mitsubishi Chemical Holdings Group.
The new funding round was led by new investor Harmony Partners, and also included existing investors Battery Ventures, Greylock IL, RTP Ventures, and U.S. Venture Partners.
Zerto has now raised $60 million since its founding in 2009. Company co-founder and chief executive Ziv Kedem had previously co-founded storage replication software firm Kashya, which was acquired in 2006 by EMC.
Image of a data center via Shutterstock.
Kyle Alspach has worked in journalism in Massachusetts since 2005 and was one of the original staff writers at BetaBoston.
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