Dreeze Raises $33 Million to Build Cloud Application Recovery Platform

Dreeze raised $33 million in seed funding and launched its Application Revival platform, which the Tel Aviv-based company says can restore cloud applications with the data and components they need to run. Norwest and Bessemer Venture Partners led the round, with Claltech participating. Dreeze announced the funding and launch on Nov. 10. The company plans to use the money to develop its product and expand sales and marketing. Dreeze says its platform maps an application’s cloud resources and dependencies. It stores application data and other required components in an immutable, air-gapped vault, then restores them in dependency order. The company says automated recovery tests can produce a working application without affecting production. “Getting the data back doesn't mean the business is back,” said Dreeze co-founder and CEO Ziv Kedem.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.