Panzura offers different configurations based on workload requirements. For example, a multi-site file system solution would use configurations that leverage more SSDs for performance, while an archive-to-the-cloud solution would not
Our Investors & Board of Directors
Panzura is funded by two of Silicon Valley’s top venture capital firms, Matrix Partners and Khosla Ventures. In addition to funding Aruba Networks (IPO, NASDAQ: ARUN) and Alteon WebSystems (acquired by Nortel Networks for $7.8B), the prior ventures of Panzura’s co-founders, our investors have an outstanding track record of success with market leading companies such as Apple, Netezza, SanDisk, VERITAS, Xilinx, and more. Now, through their investment in Panzura, they have turned their attention to creating the next generation of networked storage technology fueled by the power of the Internet and with the potential to radically change how the enterprise thinks about data storage.
Panzura was additionally funded by CTTV Investments LLC, the venture capital arm of Chevron.
Panzura has raised $18.5M to date, with our most recent $12.0M Series B occurring in December, 2010. Our products are in production and generating revenue.
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Andy Verhalen, Board Member & General Partner, Matrix Partners Andy began his career at Intel in 1981 as the product-line manager for the chip maker’s flagship microprocessor, the 8086, during the debut of the IBM PC. Anticipating the rise of the communications industry, Andy joined 3Com in 1986, eventually running a highly profitable new division that he grew to more than $250 million in annual revenues. Andy joined Matrix Partners in 1992 and has invested in and advised dozens of companies, including Unwired Planet (Openwave), which went public in 1999; SiTera, which sold to Vitesse for stock worth $1.5 billion at the time of the close; and Alteon WebSystems, which listed its shares on Nasdaq before being acquired by Nortel Networks in a landmark $7.8 billion deal. Andy holds a BSEE, MSEE, and MBA from Cornell University. |
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Shirish Sathaye, Board Member & General Partner, Khosla Ventures In his early career, Shirish held leadership roles in a number of start-ups, including FORE Systems (NASDAQ:FORE) and Alteon WebSystems (NASDAQ:ATON), where he was the Vice President of Engineering and Chief Technology Officer. He came to Khosla Ventures from Matrix Partners, where he spent a decade as a General Partner investing in companies as diverse as Aruba Networks (NASDAQ:ARUN), Tigo Energy, Grandis, Inc., and Solidcore Systems. Shirish studied electrical engineering at the Indian Institute of Technology in Varanasi. He earned a masters in electrical engineering at Virginia Polytechnic University and his Ph.D. in electrical and computer engineering at Carnegie Mellon. |
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Mark Santora, Board Member Mark most recently served on the Board of Directors of Topio, an enterprise software replication company acquired by NetApp in 2006. Prior to Topio, Mark spent over ten years at NetApp helping the company grow from its initial customer shipments to over one billion dollars in revenue. He served in various executive sales and marketing roles, most recently as the Senior Vice President of Worldwide Marketing. Before NetApp, Mark was a director at Crescendo Communications, advancing the company from its first customer shipments to over $30 million in sales, culminating in the company’s acquisition by Cisco 1993. Earlier in his career, Mark was a director at MIPS Computer Systems (IPO in 1989) and held various sales positions at Sun Microsystems (IPO in 1986) and Data General Corporation. Mark holds a BS degree in Business and Computer Science from Westminster College. |
