PSG Equity Invests $80M Growth Round in CTERA
July 17, 2024
CTERA has raised $80 million in a primary and secondary growth investment from PSG Equity. The funding will support expansion of CTERA's hybrid cloud data platform and AI-driven data intelligence services; Ronen Nir of PSG has joined CTERA's board alongside existing investors Benchmark, Bessemer Venture Partners and Red Dot Capital Partners.
- Buyers
- PSG Equity
- Targets
- CTERA
- Sellers
- Benchmark, Bessemer Venture Partners, Red Dot Capital Partners
- Industry
- Cloud & SaaS
- Location
- New York, United States
- Transaction Type
- Growth capital
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