Panzura Inks $12M Round Led by Khosla Ventures

Cloud computing start-up Panzura has added $12 million in venture capital with a Series B round led by Menlo Park, Calif.-based Khosla Ventures. Series A investors Matrix Partners and CTTV Investments, the venture capital arm of Chevron Technology Ventures, also participated in the latest round. San Jose, Calif.-based Panzura develops converged cloud storage and application optimization products, and will use the funding to continue development as well as bolster sales and marketing.

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