Model9 gets $9M Series A to move data between mainframes and cloud

Model9, an Israeli startup launched by mainframe vets, has come up with a way to transfer data between mainframe computers and the cloud, and today the company announced a $9 million Series A.
Intel Capitalled the round with help from existing investors, including StageOne, North First Ventures and Glenrock Israel. The company reports it has now raised almost $13 million.
You may not realize it, but the largest companies in the world, like big banks, insurance companies, airlines and retailers,