Migration and Disaster Recovery Company CloudEndure Receives $7 Million Investment

December 10, 2015
Migration and Disaster Recovery Company CloudEndure Receives $7 Million Investment
Migration and disaster recovery company CloudEndure has received a $7 million investment. CloudEndure, which has headquarters in New York, United States, bills itself as offering services that enable “cloud migration and disaster recovery of any machine to and across clouds, using continuous replication of your entire application stack”. The company’s latest funding was provided by Magma Venture Partners and Infosys.

CloudEndure’s funding will enable it to “scale its sales and marketing operations” and address the current demand its disaster recovery services, a demand driven by the ongoing transition to the cloud. The company has enjoyed significant growth over the last year and increased its sales channel to around 70 partners globally. CloudEndure’s solution facilitates cloud workload mobility “using continuous replication of your entire cloud application stack”. The system replicates workloads and transfers replicas to the cloud quickly and efficiently.

“We are excited to announce this investment and validation from Infosys and our existing investors,” explained CloudEndure’s CEO, Ofer Gadish. “This new capital will enable us to scale our efforts to meet increased demand from enterprise companies seeking a new generation of DR solutions. We’ll also continue to innovate and extend our solution to meet the dynamic needs of our growing customer base.”

Do you know of any other companies that have received investment recently? Let us know the details. Add your comments below.



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