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Israeli cybersecurity firm CloudEndure, a provider of cloud-based disaster recovery services, confirmed on Thursday that - 1955336970368689856
Israeli cybersecurity firm CloudEndure, a provider of cloud-based disaster recovery services, confirmed on Thursday that it was acquired by Amazon subsidiary AWS (Amazon Web Services). The startup wrote on Twitter that “CloudEndure is now an AWS company,” and that the acquisition “expands our ability to deliver innovative and flexible migration, disaster recovery, and backup solutions.” No financial details were disclosed but earlier this week, Israeli business daily Globes reported that the deal stands at an estimated $250 million. Founded in 2012 and led by co-founder and CEO Ofer Gadish, the Ramat Gan-based CloudEndure provides a cost-effective and easy form of disaster recovery in the cloud that works regardless of whether the infrastructure is on-premise, in the cloud or a mix of the two. It also provides continuous backup services and cloud migration. Since its founding, it has raised some $20 million from investors such as Dell, Magma Venture Partners, and India’s InfoSys. #amazon#Amazoninisrael#cybersecurity#cyber#cloud#cloudsecurity#hybrid