Pancetera Lands $5,000,000 Series A Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fc87a5bd-e5ad-4ab2-88a5-5eea60016f0b&Preview=1 -
Date
8/2/2010 -
Company Name
Pancetera -
Mailing Address
2953 Bunker Hill Lane Santa Clara, CA 95054 -
Company Description
Pancetera, a provider of virtual storage optimization solutions, helps organizations improve operational efficiency and leverage virtualization investments for greater levels of IT performance and productivity. The company’s virtual appliance provides a new way to measurably reduce the impact of management tasks in virtual environments, such as backup, replication, archiving, security scanning, search, and DLP. -
Website
http://www.pancetera.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,000,000 -
Transaction Round
Series A -
Proceeds Purposes
The company is launching its virtual storage optimization solution concurrent with the financing announcement. -
M&A Terms
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Venture Investor
ONSET Ventures -
Venture Investor
Hummer Winblad Venture Partners
