CTERA announces growth investment from PSG Equity
CTERA has secured $80 million in funding from PSG Equity, with Ronen Nir joining its board of directors.
MAIN POINTS
- CTERA raised $80 million from PSG Equity.
- Ronen Nir from PSG joined CTERA's board.
- Existing shareholders include Benchmark and Bessemer.
TAKEAWAYS
- The funding will support CTERA's growth in hybrid cloud data management.
- PSG Equity specializes in software and technology services investments.
- CTERA's board now includes a key PSG representative.