Zerto founders return with $33 million to rethink how companies recover from cyberattacks
Ziv and Oded Kedem have joined Avi Raichel to launch Dreeze, a company seeking to address the shortcomings of traditional backup by restoring entire cloud applications and their dependencies.
Dreeze, a new Israeli cloud recovery company founded by the team behind Zerto, has emerged from stealth with $33 million in Seed funding, betting that businesses need a different approach to recovering from cyberattacks and other disruptions. The round was led by Norwest and Bessemer Venture Partners, with participation from Claltech.
The company is developing technology designed to restore entire cloud applications rather than simply recover the data they contain. Its premise is that conventional backup systems can successfully preserve and retrieve information while leaving businesses unable to resume operations because the infrastructure, configurations, credentials and connections required to run an application have not been restored alongside it.
Dreeze was formed in 2025 by Ziv and Oded Kedem alongside Avi Raichel. The company now employs approximately 70 people across Israel and the United States. It plans to use the new capital to expand product development and grow its sales, marketing and customer teams.
Ziv Kedem previously co-founded Kashya, which was acquired by EMC in 2006, and later founded Zerto with his brother Oded. Zerto developed software for disaster recovery and business continuity in virtualized and cloud environments before being acquired by Hewlett Packard Enterprise in 2021 in a deal valued at $374 million. The company had raised more than $200 million in equity before the acquisition and served thousands of customers.
"Companies have spent years getting better at backing up data, but getting the data back doesn't mean the business is back," said Ziv Kedem, Dreeze's co-founder and CEO. "With cyber threats increasing and AI introducing new risks, enterprises need to assume that critical applications will go down. We started Dreeze because recovery needs to go further."
