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ACQUIRED COMPANY
 
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Pancetera Software  Acquired by Quantum (2011 $ 12,000,000 )

2953 Bunker Hill Lane #203
Santa Clara, CA 95054
USA
408-728-8256
Website Company Summary Management Team
Team

Management: Greg Wade (VP Engineering)
Outside board: Prashant Shah (Hummer Winblad Venture Partners Managing Director)
Company

Business 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. Pancetera’s SmartRead™ technology dramatically reduces storage and network I/O, leading to more efficient utilization of existing enterprise infrastructure and higher VM density per server.
Capital

Rounds: 1
Recent fundings: Aug 2010
Capital raised: 53.0M
Last Round: 53.0M
Ownership: Acquired by Quantum (2011 $ 12,000,000 )
VCs include: Bessemer Venture PartnersCardinal Venture CapitalHummer Winblad Venture PartnersIronwood CapitalOnset VenturesWorldview Technology Partners;  Coral Capital Management;  Focus Ventues;  T-Venture Holdings

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Overview
Record updated: Aug 2010
Sector: Software
Rounds: 1
Recent fundings: Aug 2010
Capital raised: 53.0M
Last Round: 53.0M
Ownership: Acquired by Quantum (2011 $ 12,000,000 )