Foley Hoag Represents Lead Investor CRV in Zerto $20M Series E1 Financing
June 29, 2016
Foley Hoag LLP recently represented venture capital firm CRV in its investment in Zerto, a provider of enterprise-class disaster recovery and business continuity software specifically for virtualized data centers and cloud environments.
The $20 million financing led by CRV is in addition to the $50 million growth financing raised by Zerto in early January 2016, bringing Zerto’s total Series E financing round to $70 million.
Founded in 1970 and with offices in Cambridge, MA and Menlo Park, CA, CRV is one of the nation's oldest and most successful early-stage venture capital firms with approximately $1.5 billion under management. CRV is dedicated to helping exceptional entrepreneurs turn their ideas into the next category leaders in high growth technology and media sectors.
Zerto is dual-headquartered in Israel and the United States. The company's flagship product, Zerto Virtual Replication, has become the standard for protection, recovery and migration of applications in cloud and virtualized data centers.
Foley Hoag partner Mark Haddad and associate Matthew Kopko represented CRV in the transaction.
About Foley Hoag LLP
Foley Hoag provides innovative, strategic legal services to public, private and government clients across the globe. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and private funds fields, and in cross-border disputes. The diverse backgrounds, perspectives and experiences of our lawyers and staff contribute to the exceptional senior level service we deliver to clients ranging from startups to multinational companies to sovereign states. For more information, visit www.foleyhoag.com or follow @FoleyHoag on Twitter.