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CTERA Merges NAS, Cloud Storage

PETACH TIKVA, Israel and PALO ALTO, Calif. -- CTERA(TM) Networks Ltd., an innovator in next-generation storage solutions, today officially introduced its Cloud Attached Storage(TM) technology in advance of this week's Consumer Electronics Show in Las Vegas, NV. By bundling Network Attached Storage (NAS) and cloud storage services into a single appliance, the new technology marries the performance and simplicity of a local NAS device with the scalability and reliability of cloud storage to enable service providers to launch new consumer and small business services.

CTERA also announced that it has secured first-round venture financing from Benchmark Capital.

This week, CTERA is unveiling its smallest form factor appliance, the CloudPlug(TM): a tiny form-factor, plug-top computing device that instantly transforms any external USB hard drive into a NAS device with automatic backup. The contents of any attached USB drive are automatically backed up online without the need for any user intervention or PC client software, thus ridding users of the tedious and expensive task of setting up a dedicated file server and managing the backup process.

"The transparency of an appliance-based service makes it especially appealing to service providers looking to efficiently deploy large-scale managed storage services," said Liran Eshel, founder and chief executive officer at CTERA Networks. "We are actively working with ISPs and MSPs seeking to integrate new managed storage services as part of their next-generation broadband offerings."

CTERA Networks Ltd.