In Stealth Mode, Zetta Secures $10.7 Million
"A provider of cloud storage solutions for enterprises"
This is a Press Release edited by StorageNewsletter.com on September 15, 2008 at 4:31 pmZetta, Inc., a provider of cloud storage solutions for enterprises, 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.
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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."
Founded in 2007 by industry veterans, Zetta is a privately held company headquartered in Silicon Valley. Zetta delivers storage solutions to enterprises that increase productivity, data availability and data protection while reducing the costs, complexities and risks of traditional storage hardware and software solutions.
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Not to be confused with other storage start-up Zetta Systems, in data protection software, sold to Overland in 2005.
Founder and CEO Jeff Treuhaft was VP at Verisign.











