Panaya Receives $7,000,000 Series C Financing

  • Feed Type
  • Date
    6/9/2010
  • Company Name
    Panaya
  • Mailing Address
    2480 Sand Hill Road Menlo Park, CA 94025
  • Company Description
    Panaya is a solution for SAP business analysts and implementers, which significantly reduces the time, costs and risks involved in SAP implementation, maintenance and upgrade.
  • Website
    http://www.panayainc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    This latest round of investment will allow us to hire the many sales, marketing, and product development people we currently need.
  • M&A Terms
  • Venture Investor
    Battery Ventures
  • Venture Investor
    Benchmark Capital
  • Venture Investor
    Undisclosed