Panzura Raises $80M in Series B Funding

USA – Panzura, a San Jose, CA-based provider of a hybrid multi-cloud data management platform, raised $80M in Series B funding.

The round was led by Kayne Partners, and CIBC Innovation Banking.

The company intends to use the funds to scale operations, with openings in engineering, marketing, HR, finance, and sales, and to continue servicing enterprise customers.

Led by by CEO Jill Stelfox and CRO Dan Waldschmidt, Panzura provides hybrid multi-cloud data management platform designed to securely power large- scale multi-site enterprise data workflows across the globe. Intelligent edge technologies enable LAN performance with cloud economics together with simplified data management, advanced analytics, reduced operational complexity, and improved security.Flagship clients include Disney, Milwaukee Tool, BBC America, AmeriHome Mortgage, US federal government agencies, and multiple NFL and MLB teams.

16/05/2022