Zerto Founders Launch New Backup Startup Dreeze, Aiming to Compete with Own Success
Translated & summarized from TheMarker by baba
Brothers Ziv and Oded the co-founder of Zerto, founders of the Israeli startup Zerto, have launched a new backup company called Dreeze. Dreeze has already raised $33 million and is reportedly set to compete with another Israeli startup, Ayooun. The new venture has been operating quietly for over a year.
The story in 4 lines · by baba
- Brothers Ziv and Oded the co-founder of Zerto founded a new backup startup named Dreeze.
- Dreeze has already raised $33 million in funding.
- The new company is expected to compete with Israeli startup Ayooun.
- Ziv and Oded the co-founder of Zerto were previously founders of the successful Israeli startup Zerto.
Brothers Ziv and Oded the co-founder of Zerto, formerly the driving force behind the successful Israeli startup Zerto, have launched a new backup company named Dreeze. The new venture, which has been operating discreetly for over a year, has already raised $33 million in funding. According to a filing with the U.S. Securities and Exchange Commission, the funding round last year reportedly included participation from American venture capital firms Bessemer and Norwest.
While details about Dreeze's operations remain under wraps, the company is positioned to compete directly with another prominent Israeli startup in the data protection space, own company, Ayooun. The the co-founder of Zerto brothers' previous venture, Zerto, was a significant player in the disaster recovery and business continuity market before its eventual acquisition.