Panopto Receives $42,800,000 New Funding Round

  • Feed Type
  • Date
    8/25/2016
  • Company Name
    Panopto
  • Mailing Address
    506 2nd Avenue Seattle, WA 98104 USA
  • Company Description
    Panopto provides businesses and universities with an industry-leading video content management system (VCMS), along with integrated tools for creating online presentations, recording screencasts, lecture capture, webcasting live events, delivering online training, and more.
  • Website
    http://www.panopto.com
  • Transaction Type
    Venture Equity, Debt
  • Transaction Amount
    $42,800,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The $42.8 million will be used to supercharge Panopto’s growth while fending off increased competition from large tech companies.
  • M&A Terms
  • Venture Investor
    Sterling Partners
  • Venture Investor
    Square 1 Bank