Zetta, a provider of cloud storage solutions for enterprises, today announced that it has closed a $10.68 million Series A financing round led by venture capital firms Sigma Partners and Foundation Capital. Zetta plans to use the funding to expand product development, marketing and operations.
Zetta was founded by industry veterans Lou Montulli, Jeff Whitehead, Jason Harrison and Jeff Treuhaft. Backed by decades of distributed systems technology and services experience, Zetta is advancing the state of the art for enterprise storage by delivering feature rich solutions for IT administrators without the costs, complexities and risks associated with traditional storage software and hardware solutions.
“We are very excited to have Sigma Partners and Foundation Capital as our lead investors,” said Jeff Treuhaft, Zetta CEO. “We are bringing unique innovations to the enterprise storage market and the experience and success of our investors at EqualLogic and VMware will prove invaluable as we continue to accelerate our company.”