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Dreeze Emerges From Stealth With $33M to Rebuild Cloud Apps After Cyberattacks
Executive Summary
AI-generatedDreeze, a cloud application recovery startup, announced it secured $33 million in seed funding as it emerged from stealth mode. The company's platform, Application Revival, is designed to rebuild entire cloud applications after a cyberattack, addressing the limitation of traditional backups that only restore data. The company plans to use the capital for product development and expanding its sales and marketing efforts.
Key Insights
- Dreeze raised $33 million in a seed funding round, led by Norwest and Bessemer Venture Partners.
- The company's platform, Application Revival, reconstructs entire cloud applications, not just the underlying data.
- The platform scans cloud environments to identify dependencies and generates automated recovery plans.
- The AWS version of the platform is currently generally available, while Azure support is in early access.
- Dreeze's founders previously worked at Zerto and Kashya, focusing on advanced data recovery solutions.
Topic context
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