Sept. 9 - 10, 2013 San Francisco, CA Early Bird Tickets on Sale Enterprise cloud backup provider Zetta.netv has raised $8 million in new funding to help it bolster its backup, disaster recovery, and archiving services, the company said...
Sept. 9 - 10, 2013 San Francisco, CA Early Bird Tickets on Sale Enterprise cloud backup provider Zetta.netv has raised $8 million in new funding to help it bolster its backup, disaster recovery, and archiving services, the company said today. Zetta.net competes with cloud backup providers such as Carbonite and Mozy, but it differentiates itself by claiming top-tier performance. As an example, it says that it helped its customer Group Photographers Association restore 2.7TB of data in less than 24 hours back in July 2012. “We want to carve out a segment of the market that previously didn’t use cloud services,” Chris Schin, VP of Product at Zetta.net, told VentureBeat. “The dirty little secret in the cloud market is that most [cloud recovery] services can’t backup multiple terabytes and restore it quickly. But we can.” The company has seen substantial customer growth in the past year. From Q1 2012 to Q1 2013, its customers have grown by 243 percent. The company now has 400 small-to-medium sized business customers. Big customers include Yammer, Mint.com, Marketo, and Mazda. Zetta.net promises 99.99% uptime and has 2 data centers — one on the East Coast and one on the West Coast. It says that it’s now backing up 4.3 billion files in the cloud each month. Pricing for Zetta.net’s new flagship DataProtect 4.0 product starts at $225 per month. This includes 500GB of storage, backup and recovery protection, monitoring, and more. The new round of funding was led by new investor Industry Ventures with participation by existing investors Foundation Capital and Sigma Partners. Including the new funding, Zetta.net has raised $39.5 million. The new funds will go toward hiring new sales, marketing, and engineering employees. Sunnyvale, Calif.-based Zetta.net was founded in 2008. The company’s focus is on the U.S. market, but it intends to look at international expansion in 2014. Clouds photo via Jeff Kramer/Flickr Filed under: Business, Cloud, Deals .boilerplate-before .event-boilerplate { width:278px; margin:0px 0px 10px 20px; padding:10px; float:right; border:1px solid #e4e4e4; font-family: 'Open Sans', sans-serif; color:#000; } .boilerplate-before .event-boilerplate .logo-date-wrap { width:100%; display:block; float:left; margin-bottom:8px; } .boilerplate-before .event-boilerplate img { float:left; } .boilerplate-before .event-boilerplate .date-location { float:right; font-size:12px; line-height:14px; text-align:center; padding-left:7px; padding-top:5px; padding-bottom:3px; border-left:1px solid #e6e6e6; } .boilerplate-before .event-boilerplate .cta { display:block; clear:both; width:100%; border-radius:5px; border:1px solid #1864b1; color:#fff; text-shadow: 0px -1px 0px rgba(0,0,0,0.3); text-align:center; text-decoration:none; font-weight:600; font-size:18px; line-height:17px; padding:4px 0px 6px 0px; background: #1f80e4; background: -moz-linear-gradient(top, #1f80e4 0%, #1862ae 100%); background: -webkit-gradient(linear, left top, left bottom, color-stop(0%,#1f80e4), color-stop(100%,#1862ae)); background: -webkit-linear-gradient(top, #1f80e4 0%,#1862ae 100%); background: -o-linear-gradient(top, #1f80e4 0%,#1862ae 100%); background: -ms-linear-gradient(top, #1f80e4 0%,#1862ae 100%); background: linear-gradient(to bottom, #1f80e4 0%,#1862ae 100%); filter: progid:DXImageTransform.Microsoft.gradient( startColorstr='#1f80e4', endColorstr='#1862ae',GradientType=0 ); }