Panasas Receives $25,230,481 Series F Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d41fecff-aa1f-45c6-9012-ba3cbcf5f5ee&Preview=1
Date
5/31/2013
Company Name
Panasas
Mailing Address
969 W. Maude Avenue Sunnyvale, CA 94085
Company Description
The Panasas Parallel Storage Cluster is the premier storage system for scalable Linux clusters. Panasas delivers exceptional scaling in capacity and performance while extending appliance-like ease of management to a virtually boundless storage system for High Performance Computing (HPC) organizations around the world.
Website
http://www.panasas.com
Transaction Type
Venture Equity
Transaction Amount
$25,230,481
Transaction Round
Series F
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing.
M&A Terms
Venture Investor
Undisclosed