Friday, December 11, 2015

CloudEndure Raises $7 million for Migration & Recovery Solutions

CloudEndure, a start-up based in Israel, announced $7 million in new funding for its cloud live-migration and disaster recovery solutions.

CloudEndure’s Cloud Workload Mobility technology creates an exact copy of an entire application at an alternative cloud location – at the touch of a button, within minutes, and with the latest data. CloudEndure 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. The company was founded in 2012.

Infosys, a leading information technology services provider working with the world’s leading enterprises, co-led the round, along with previous investor, Magma Venture Partners. The new capital will enable CloudEndure to scale its sales and marketing operations to meet increasing demand for its enterprise-grade Disaster Recovery (DR) solution.

“We are excited to announce this investment and validation from Infosys and our existing investors,” stated Ofer Gadish, CEO of CloudEndure. “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.”

  • CloudEndure is headed by Ofer CEO, who previously was the CEO and Co-Founder of AcceloWeb and VP & General Manager in Limelight Networks after its acquisition of AcceloWeb.