Cloud file services outfit CTERA rakes in $30m to boost SE Asia presence

▤ Summary

Secure edge and cloud file services supplier CTERA Networks has trousered $30m in D-round funding to build out its infrastructure in South East Asia. The sales and delivery side of CTERA will be boosted everywhere, but Asia and Singapore will receive relatively more funding. Subscription revenues have doubled in the past 12 months and its signed reselling agreements with HPE and IBM. The customer roster has increased with global top-five banks, insurance companies, advertising groups and defence organisations signing up. It said customers are also looking favourably at multi-cloud file services and CTERA can provide a common interface across the clouds.

▦ Linked Companies

CTERA Networks Ltd.

$1M to $5M