CloudEndure Closes $7M Funding

Funding Rounds

▤ Summary

CloudEndure, a Ramat Gan, Israel- and NYC-based provider of live-migration and disaster recovery solutions, closed a $7m round of funding.The round was co-led by Infosys, an information technology services provider and previous investor Magma Venture Partners.The company intends to use the funds to scale its sales and marketing operations.Its Cloud Workload Mobility technology creates an exact copy of the entire application at an alternative cloud location within minutes and with the latest data.The platform supports physical, virtualized or cloud-based applications as the source and Amazon Web Services (AWS), Google Cloud Platform, Microsoft’s Azure and OpenStack as target cloud locations.

$ Funding

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Amount $13.0M Total raised
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Date December 9, 2015 Announcement date
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Investors Magma Venture Partners Lead investors
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Company http://www.cloudendure.com Funded company

▥ Classifications

industries
No industries detected
applications
Data Management

◇ AskAI Classifications

Labels
Cloud Migration Disaster Recovery Software SaaS

▦ Linked Companies

CloudEndure
$1M to $5M