# Zerto

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zerto

- Industry: Software
- Headquarters: Boston, US
- Website: www.zerto.com
- Total disclosed funding: $124M
- Latest round: Series E (Jun 21, 2016)
- Investors on record: 8

## About

Zerto Ltd. specializes in disaster recovery, continuous data protection, and data mobility solutions that help businesses safeguard their applications and data across cloud environments with real-time capabilities.Zerto Ltd. was founded in 2009 and is headquartered in Boston, US. The company focuses on providing innovative solutions for disaster recovery and data protection. Ziv Kedem, one of the founders, currently serves as the CEO. Zerto has undergone strategic changes, notably being acquired by Hewlett Packard Enterprise Development LP in July 2021 for USD 374 mn, with the deal expected to close by Q4 2021.Zerto specializes in continuous data protection (CDP), disaster recovery, and data mobility solutions that ensure enterprise applications and data are safe across various cloud environments. Their software enables real-time data replication, rapid recovery, and streamlined orchestration for disaster recovery, allowing for minimal data loss within seconds and quick recovery times in minutes. Key features include real-time encryption detection, automated failover, and non-disruptive testing, effectively protecting against ransomware and other cyber threats. Zerto serves a wide array of clients, including enterprises in financial services, healthcare, manufacturing, and public sectors, with a strong presence in North America, Europe, and Asia-Pacific.Zerto operates on a subscription-based revenue model, providing software licenses that integrate into clients' IT infrastructures. The pricing structure includes tiered subscription plans tailored for disaster recovery and data mobility, accommodating specific workloads or entire cloud environments. Revenue is generated through direct sales to enterprises and partnerships with managed service providers, ensuring extensive access to its products and services. Zerto emphasizes flexibility and scalability in its offerings, enabling organizations to efficiently manage data protection needs while optimizing costs associated with infrastructure.Looking ahead, Zerto plans to utilize the recent acquisition funding to enhance its product offerings and expand into new markets. The company is expected to develop and launch new products that enhance their disaster recovery capabilities, although specific release dates are still pending. With the backing of Hewlett Packard Enterprise, Zerto aims to penetrate emerging markets across Europe and Asia-Pacific, solidifying its footprint in these regions by the end of 2022.

## Funding rounds

- Series E, Jun 21, 2016, $20M — Battery Ventures, CRV, Institutional Venture Partners, US Venture Partners, Access Industries, Harmony Partners, RTP Global, 83 North
- Series E, Jan 13, 2016, $50M — Battery Ventures, Institutional Venture Partners, US Venture Partners, Access Industries, Harmony Partners, RTP Global, 83 North
- Series D, Jun 18, 2014, $26M — Battery Ventures, US Venture Partners, Harmony Partners, RTP Global, 83 North
- Series C, Apr 4, 2013, $13M — Battery Ventures, US Venture Partners, RTP Global, 83 North
- Series B, Aug 15, 2011, $15M — Battery Ventures, US Venture Partners, 83 North
- Seed, Jan 31, 2010, $0.2M — 83 North

## Investors

- 83 North (https://capitalatlas.ai/funds/83-north) — Seed, Series B, Series C, Series D, Series E
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series B, Series C, Series D, Series E
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series B, Series C, Series D, Series E
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series C, Series D, Series E
- Harmony Partners (https://capitalatlas.ai/funds/harmony-partners) — Series D, Series E
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series E
- Access Industries (https://capitalatlas.ai/funds/access-industries) — Series E
- CRV (https://capitalatlas.ai/funds/crv) — Series E