Cloud Backup Startup CloudEndure Confirms Acquisition by Amazon

Israeli cloud computing startup CloudEndure has been acquired by Amazon Web Services (AWS), the company confirmed on Thursday. The deal is estimated at $200 million

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Israel-based cloud application backup startup CloudEndure officially announced Thursday it had been acquired by Amazon Web Services (AWS), the cloud services subsidiary of Amazon.

“CloudEndure is now an Amazon Web Services company,” the startup announced on its website. As an AWS Advanced Technology Partner since 2016, CloudEndure has long joined forces with AWS to help customers future-proof their businesses. This acquisition expands our ability to deliver innovative and flexible migration, backup, and disaster recovery solutions.”

On Tuesday, Calcalist reported, citing two people familiar with the matter, that AWS was in talks to acquire CloudEndure in a deal estimated at around $200 million.

CloudEndure offers a cloud disaster recovery and continuous cloud application backup service. The company founded in 2012 is headquartered in New York, and has a research and development arm in Ramat Gan, in the greater Tel Aviv area. It raised $18.2 million from investors including Dell Technologies Capital, Mitsui & Co., VMware, Infosys Ltd., and Magma Venture Partners.

 

First publication: calcalistech.com

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