Pancetera secures $5M in Round A funding

Posted by virtualization.info Staff   |   Monday, August 2nd, 2010   |  

In January virtualization.info covered a US startup still in semi-stealth mode: Pancetera.
The company features an interesting group of founders: one is the former CEO of Thinstall, acquired by VMware in 2008, the other three come from DataDomain, acquired by EMC in 2009.

virtualization.info also published details about the Pancetera technology just a few days ago: a storage management and optimization technology for VMware vSphere.

The company officially launches today and announces its first round of funding, closed in 2009: $5M, led by Hummer Winblad Venture Partners and ONSET Ventures.
The flagship product, previously addressed by the name of its components (SmartView and SmartRead) is now called Unite.

The virtualization.info Virtualization Industry Radar has been updated accordingly.



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