Dreeze Emerges From Stealth With $33 Million Seed Round and Cloud Recovery Platform
Dreeze emerged from stealth with $33 million in seed funding led by Norwest and Bessemer Venture Partners, with participation from Claltech. The company also announced general availability of its Application Revival platform for AWS.
- Raised
- $33 million
- Round
- seed
- Investors
- 3
- Investors
- NorwestBessemer Venture PartnersClaltech
- Target market
- Enterprises running cloud applications
- Use of funds
- Accelerate product innovation, grow sales and marketing teams, and bring Application Revival to more enterprises
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Quick Answers
What is the latest news about Dreeze?
Dreeze emerged from stealth with $33 million in seed funding led by Norwest and Bessemer Venture Partners, with participation from Claltech. The company also announced general availability of its Application Revival platform for AWS.
What does Dreeze do?
Dreeze develops cloud backup and recovery technology for enterprises. The company has 70 employees across Israel and the United States, and Ziv Kedem is its co-founder and CEO.
How much did Dreeze raise?
Dreeze raised $33 million in its seed.
Who invested in Dreeze?
Investors named in this seed include Norwest, Bessemer Venture Partners and Claltech.
How will Dreeze use the funding?
Dreeze plans to use the money for accelerate product innovation, grow sales and marketing teams, and bring Application Revival to more enterprises.
Where is Dreeze based?
Dreeze is based in Israel.
Who are the key people at Dreeze?
Key people named in this report: Ziv Kedem (Co-Founder and CEO), Oded Kedem (Co-Founder and CTO) and Avi Raichel (Co-Founder and COO).