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Wednesday, January 11, 2017

Panzura Closes $32 Million Growth Capital Round

CA--(Marketwired - Jan 10, 2017) -  #Panzura ®, the leader in hybrid cloud storage, today announced a new $32 million growth capital round led by #MatrixPartners and joined by #MeritechCapital Partners, #OpusCapital, #Chevron and #WesternDigital as well as an undisclosed strategic investor. The new financing will be used to scale Panzura's leadership in leading the massive transformation of the $32B on premise storage market spend to a cloud first storage model. The monies will also be used to expand Panzura's hybrid cloud storage offerings for high performance database and virtual workloads, big data analytics and Internet of Thing (IoT) applications. Panzura had record growth in 2016, including adding over 100 new enterprise customers and expanding its channel and alliance presence with leading cloud providers #AWS, #Google, #IBM and #Microsoft #Azure. Panzura added over 26 new petabytes of enterprise storage in 2016 and its #hybridcloudNAS, archive and collaboration storage products were deployed in over 33 countries across multiple industries and governments.

http://sports.yahoo.com/news/panzura-closes-32-million-growth-133500495.html

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