Russian investor backs Hub start-up

A Russian-backed venture capital firm that recently opened a local outpost led a $13 million deal to fund the Boston start-up Zerto, a data recovery company.

Ru-net Technology Partners Ventures, which is the US affiliate of ru-Net Holdings of Moscow, established a local office here last year and has invested in one other local start-up, a children’s activities company called BabbaCo.


Its latest investment is in the hot field of data management and recovery, which has been attracting a growing amount of venture capital funding to companies around Boston.

Zerto, which is based in Boston and Israel, will use some of the funding to double its workforce. The company currently has about 25 employees in Boston.

Get Talking Points in your inbox:
An afternoon recap of the day’s most important business news, delivered weekdays.
Thank you for signing up! Sign up for more newsletters here

Zerto was founded in 2009 by brothers Ziv and Oded Kedem and has raised a total of $34 million from venture capitals, including firms Greylock Partners and Battery Ventures. EMC Corp. of Hopkinton bought their previous company, Kashya, for $150 million in 2006.


Michael B. Farrell can be reached at
Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of