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Panasas

Panasas
1999 FOUNDED
PRIVATE STATUS
51-200 EMPLOYEES
2ndary - Private LATEST DEAL TYPE
$140M TOTAL AMOUNT RAISED
13 INVESTORS
Description

Provider of parallel storage for technical computing and enterprise workloads created to deliver performance and reliability at scale from an appliance that is as easy to manage and fast to deploy. The company's parallel storage uses hybrid scale-out network attached storage (NAS) storage and other storage technology enabling enterprise customer to get superior performance, data availability and reliability, linear scalability and easy management.

Website:
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Systems and Information Management
Other Industries
Other IT Services
Primary Office
969 West Maude Avenue
Sunnyvale, CA 94085
United States
+1 (408) 215-6800
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Panasas Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Secondary Transaction - Private $140M Completed Generating Revenue
10. Debt - General 17-Jul-2014 00000 Completed Generating Revenue
9. Later Stage VC (Series F) 30-May-2013 000.00 00000 00000 Completed Generating Revenue
8. Secondary Transaction - Private 00000 Completed Generating Revenue
7. Later Stage VC (Series E) 01-Jul-2008 000.00 00000 000.00 Completed Generating Revenue
6. Loan 27-May-2007 0000 000.00 Completed Generating Revenue
5. Later Stage VC (Series D) 11-May-2006 Cancelled Generating Revenue
4. Later Stage VC (Series C) 11-May-2004 000.00 000.00 000.00 Completed Generating Revenue
3. Early Stage VC (Series B1) 16-Sep-2002 0000 000.00 00000 Completed Startup
2. Early Stage VC (Series B) 01-Oct-2001 $25.4M $35.4M $73.3M Completed Startup
1. Early Stage VC (Series A) 11-Sep-2000 $10M $10M $55.1M Completed Startup
To view this company’s complete deal history including valuation and funding request access »

Panasas Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series F 000,000,000 00.000000 00 00.0 00.0 00 00.0 00.00
Series E 000,000,000 00.000000 00 00.00 00.00 00 00.0 00.000
Series D 000,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series C 00,000,000 00.000000 00 00.00 00.00 00 00.00 0.00
Series X3 0,000,000 00.000000 00 00.0 00.0 00 00.0 0.000
Series X2 000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series X1 0,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series B 108,247,462 $0.000100 8% $0.09 $0.09 1x $0.09 6.61%
Series A 12,148,888 $0.000100 8% $0.09 $0.09 1x $0.09 0.74%
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Panasas Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Centennial Ventures Venture Capital Minority 000 0000 000000 0
Evercore Group Investment Bank Minority 000 0000 000000 0
Focus Ventures Venture Capital Minority 000 0000 000000 0
Industry Ventures Venture Capital Minority 000 0000 000000 0
Intel Capital Corporate Venture Capital Minority 000 0000 000000 0
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Panasas Executive Team (5)

Name Title Board
Seat
Contact
Info
Faye Pairman Chief Executive Officer, Board Member & President
Tom Shea Chief Operating Officer
Jim Donovan Chief Sales & Marketing Officer
Garth Gibson Ph.D Chief Scientist, Board Member & Co-Founder
Anthony Yeates Vice President, International Sales

Panasas Board Members (10)

Name Representing Role Since Contact
Info
Andre Hakkak Self Board Member 000 0000
Don Jaworski Self Board Member 000 0000
Dong-Su Kim Ph.D Self Board Member 000 0000
Simon Anderson Self Board Member 000 0000

6 Former Board Members

You’re viewing 4 of 10 board members. Get the full list »