Tech Company Financing Transactions
Panasas Funding Round
Panasas closed a funding round on 2/28/2019. Investors included Dowroc Partners, KEWA Financial and private investors.
Transaction Overview
Company Name
Announced On
2/28/2019
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Dowroc Partners (Lead Investor)
KEWA Financial (Lead Investor)
Proceeds Purpose
The company intends to use the funds for ongoing technology and product development, expansion into new markets, as well as exploration of OEM relationships.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
969 W. Maude Ave.
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Overview
The Panasas Parallel Storage Cluster is the premier storage system for scalable Linux clusters. Panasas delivers exceptional scaling in capacity and performance while extending appliance-like ease of management to a virtually boundless storage system for High Performance Computing (HPC) organizations around the world.
Management Team
Title
Name
Email & Social
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