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Zerto Doubles First Half 2016 Business, Again

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Disaster recovery solutions provider Zerto is announcing that it doubled its business in H1 2016 vs. the same time last year. The company says this is the fifth consecutive year that sales have doubled based on its business continuity and disaster recovery products, with gains in government, healthcare and financial services verticals.

In addition to strong sales growth during this time, Zerto also raised $50 million in funding in the first quarter, led by IVP. In Q2 of this year, Zerto secured an additional $20 million in Series E1 financing, led by CRV.  According to the company, the latest rounds are tied to Zerto's performance in the cloud computing arena with the business continuity and disaster recovery software segment playing a role in Zerto's cloud strategies.

"At Zerto we're laser-focused on ensuring customers' critical operations are maintained, regardless of the type of outage," said Ziv Kedem, Founder and CEO, Zerto. "Receiving recognition for both the company culture we're so proud of and the hard work we've put in on our channel program points to the soundness of our strategy: a renewed focus on IT resiliency, global expansion and, most importantly, our commitement to be 100 percent channel-focused."

Other interesting company highlights during this time period include:

New Products with Availability of Zerto Virtual Replication version 4.5  - The new software release introduced in the first half of 2016 helps business leaders achieve IT resilience by helping to recover from ransomware attacks.  The new Journal File Level Recovery feature enables restoration of any file or folder from any point in time within the last seconds before accidental deletion, virus or data corruption occurred.

ZertoCON Business Continuity Conference - In May, nearly 400 attendees converged for the IT industry's next generation BC/DR conference, ZertoCON. The event hosted executives, thought leaders and IT professionals from a wide range of industries and organizations to discuss building confidence in IT with the goal of moving businesses forward.

Strategic New Hires - With an intense concentration on maintaining growth and building Zerto's strong presence in the channel, Zerto has increased its employee count by over 50 percent in the past six months, including the executive team appointment of Rob Strechay as vice president of product management and Jason Cowie as Zerto's Senior Director of Global Partner and Channel Sales.

Published Wednesday, August 24, 2016 11:46 AM by David Marshall
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