Tech Company Financing Transactions
Panaya Funding Round
Panaya, based in Saddle Brook, secured $16 million from Battery Ventures, Benchmark Capital and Hasso Plattner Ventures.
Transaction Overview
Company Name
Announced On
1/8/2013
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series D
Investors
Battery Ventures (Lead Investor) (Itzik Parnafes)
Benchmark Capital (Arad Naveh)
Proceeds Purpose
The money raised will be used to fund Panaya's continued aggressive growth strategy.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
250 Pehle Avenue 200
Saddle Brook, NJ 07663
USA
Saddle Brook, NJ 07663
USA
Phone
Website
Email Address
Overview
Panaya is a solution for SAP business analysts and implementers, which significantly reduces the time, costs and risks involved in SAP implementation, maintenance and upgrade.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Doron Gerstel
Chief Financial Officer
Raffy Wreschner
Chief Scientific Officer
Nurit Dor
Chief Technical Officer
Mati Cohen
VP - Human Resources
Ilan Stern
VP - Sales
Amnon Drori
Browse more venture capital transactions:
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