CTERA Chairman On New $80M Growth Funding, Plans For AI Intelligence In File Services

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Expanding The Distributed File System

Ctera, a developer of distributed file systems for cloud file storage and enterprise file sharing across millions of devices, Wednesday unveiled a new $80 million growth investment round from private equity firm PSG.

That funding, said Liran Eshel, founder and chairman of Ctera, will allow the New York-based storage company to continue to grow and expand its AI data services capabilities with an upcoming technology the company calls Ctera Data Intelligence.

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