Zadara Storage Raises $25 Million to Expand Cloud Storage Offering

Zadara Storage Ltd. raised $25 million in a round led by venture firm Israel Growth Partners, the company announced Wednesday. Existing investors also participated in the round, which brings Zadara's total equity raised to $60 million.

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Following the investment, IGP co-founder Moshe Lichtman and general partner Uri Erde will join Zadara's board.

Founded in 2011, Zadara offers enterprises software-defined data storage in the cloud, with customizable variables such as memory capacity, drive type, and cache. The company states its product is suited to any cloud type or protocol and is available via public clouds, managed service providers, data centers, colocation partners, and on-premise in customers'​ data centers.

Zadara intends to use the funding for product development, company growth, and to expand its international sales team and range of service provider partners.