Panzura Secures $15,000,000 Series C Funding Round

  • Feed Type
  • Date
    6/19/2012
  • Company Name
    Panzura
  • Mailing Address
    22 Great Oaks Blvd. San Jose, CA 95119
  • Company Description
    Panzura is a storage software company whose vision is to enable cloud storage to be faster and more secure than local tier 1 storage.
  • Website
    http://www.panzura.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    With plans to expand its domestic and international presence in 2012, Panzura will apply the new capital toward establishing a strong international sales presence, while simultaneously scaling its US-based marketing, sales and engineering operations. The company also plans to aggressively expand its channel ecosystem and explore joint development projects with strategic partners, while continuing to place a concerted emphasis on internal research and product development.
  • M&A Terms
  • Venture Investor
    Opus Capital
  • Venture Investor
    Matrix Partners
  • Venture Investor
    Khosla Ventures
  • Venture Investor
    Chevron Technology Ventures