Panzura Closes $25 Million Series D Round


PanzuraPanzura, a provider of global cloud storage solutions, has closed a $25 million Series D funding round. The investment was led by Meritech Capital Partners with participation from existing investors Matrix Partners, Khosla Ventures, Opus Capital and Chevron Technology Ventures. Managing director with ┬áMeritech Capital Partners,┬áPaul Madera has joined Panzura’s board of directors.

The new round of funding brings the company’s total backing to $58 million.

Panzura grew its customer base by 700 percent in 2012 and has already exceeded 2012 bookings thus far in 2013, says the company.

[Image courtesy: Panzura]

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