US-based data management software provider Zerto raised $50m in a series E round yesterday featuring Claltech, an investment vehicle of diversified conglomerate Access Industries’ subsidiary Clal Industries.

RTP Ventures, a venture capital affiliate of investment firm Ru-Net, also took part in the round, which was led by VC firm Institutional Venture Partners (IVP) and backed by 83North, Battery Ventures, Harmony Partners, US Venture Partners (USVP) and private investor Mark Leslie.

Zerto provides software that helps businesses protect, recover and migrate…