Pancetera Lands $5,000,000 Series A Financing Round

  • Feed Type
  • 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
  • Venture Investor
    ONSET Ventures
  • Venture Investor
    Hummer Winblad Venture Partners

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