Panasas

Sunnyvale, United States Founded: 1999 • Age: 27 yrs
Parallel file system storage solutions are delivered via clustered appliances.
Annual revenue - Latest available
Total funding $149.1M 10 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Panasas

Panasas is a company based in Sunnyvale (United States) founded in 1999. Panasas has raised $149.13 million across 10 funding rounds from investors including Goldman Sachs, The Carlyle Group and ITOCHU. Panasas offers products and services including VDURA Data Platform and V5000.

  • Headquarter Sunnyvale, United States
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Panasas Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $149.13 M (USD)

    in 10 rounds

  • Latest Funding Round
    $4 M (USD), Series F

    Jan 29, 2019

  • Investors
    Goldman Sachs

    & 11 more

  • Employee Count
    Not available
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Products & Services of Panasas

Panasas offers a comprehensive portfolio of products and services, including VDURA Data Platform and V5000.

Product name locked
Category locked
Primary

Platform for managing AI and HPC data with high reliability

Product name locked
Category locked
Locked

High-performance storage for enterprise-scale applications

People of Panasas

Headcount 200-500
Employee Profiles 19
Employee Profiles
People
Matt Swalley
Senior Director Of Marketing
People
Conway Lee
Account Executive At Vdura The AI And HPC Data Infrastructure Software Company
People
Erik Salo
Senior Vice President Of Marketing And Business Operations
People
Chad Coenson
Account Executive

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Funding Insights of Panasas

Panasas has successfully raised a total of $149.13M across 10 strategic funding rounds. The most recent funding activity was a Series F round of $4 million completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Panasas

Panasas has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, The Carlyle Group and ITOCHU.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are managed in technology and healthcare sectors by this firm.
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Northgate Capital is engaged in venture capital and private equity investments.
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Expansion-stage investments in US tech and offline sectors are made.
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Investor details for Panasas

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Investments & Acquisitions by Panasas

Investments
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Investment portfolio details for Panasas

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Financial Statements - Panasas

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Detailed financials for Panasas

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Panasas Comparisons

Panasas Primary company
Description
Parallel file system storage solutions are delivered via clu...
Location
Sunnyvale, United States
Founded Year
1999
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Panasas

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Competitors of Panasas

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Detailed competitors of Panasas

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Latest news on Panasas

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Frequently Asked Questions about Panasas

Panasas was founded in 1999 and raised its 1st funding round 1 year after it was founded.

Panasas is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.

Panasas is a funded company, having raised a total of $149.13M across 10 funding rounds to date.

Founded in 1999 in Sunnyvale, United States, parallel file system-based storage solutions are provided through a patented operating system configured as network-attached appliances using computer clusters. A scale-out architecture is implemented to expand storage capacity in response to growing demands. Operations focus on sectors including bioscience, energy, and finance, with deployments supporting data-intensive applications across these industries.

Panasas offers VDURA Data Platform and V5000.

Panasas has 12 investors. Key investors include Goldman Sachs, The Carlyle Group, ITOCHU, Avidbank, and Northgate Capital.

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