Panzura: Raises $80M in Series B Funding

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Panzura Raises $80M in Series B Funding

  • 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
  • The compan provides hybrid multi-cloud data management platform designed to securely power large- scale multi-site enterprise data workflows across the globe
  • Flagship clients include Disney, Milwaukee Tool, BBC America, AmeriHome Mortgage, US federal government agencies, and multiple NFL and MLB teams
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