Panzura is funded by four of Silicon Valley’s top venture capital firms, Matrix Partners, Opus Capital, and Meritech Capital. In addition to two of these having funded Aruba Networks (IPO, NASDAQ: ARUN) and Alteon WebSystems (acquired by Nortel Networks for $7.8B), the prior ventures of Panzura’s co-founders, our investors have an outstanding track record of success with market leading companies such as Apple, Facebook, Salesforce.com, SanDisk, Riverbed Technology, EquaLogic and Netezza. Now, through their investment in Panzura, they have turned their attention to creating the next generation of storage fueled by the power of the Cloud and with the potential to radically simplify enterprise data storage.
Panzura was additionally funded by CTTV Investments LLC, the venture capital arm of Chevron, the world’s third largest oil conglomerate.
Panzura has raised $90M to date, with our most recent $32M Series E occurring in January 2017. Our products are in production and generating accelerating revenue.
Board of Directors
Mark Santora, Chairman of the Board, Private Investor
Mark most recently served on the Board of Directors of Topio, an enterprise software replication company acquired by NetApp in 2006. Prior to Topio, Mark spent over ten years at NetApp helping the company grow from its initial customer shipments to over one billion dollars in revenue. He served in various executive sales and marketing roles, most recently as the Senior Vice President of Worldwide Marketing. Before NetApp, Mark was a director at Crescendo Communications, advancing the company from its first customer shipments to over $30 million in sales, culminating in the company’s acquisition by Cisco 1993. Earlier in his career, Mark was a director at MIPS Computer Systems (IPO in 1989) and held various sales positions at Sun Microsystems (IPO in 1986) and Data General Corporation. Mark holds a BS degree in Business and Computer Science from Westminster College.
Patrick Harr, Chief Executive Officer
With more than two decades of industry experience, Harr joins the company after holding positions as vice president and general manager at Hewlett-Packard Enterprise (HPE), vice president at VMWare as well as a go-to-market leader and CEO of multiple start-ups, including cloud storage pioneer Nirvanix which he founded, Preventsys which was acquired by McAfee and storage networking leader Sanera which was acquired by McDATA/Brocade. While at HPE, Harr scaled the Americas cloud business 19X leveraging key GTM partners and generated over $1.5B in revenue in five years. He has extensive startup and Fortune 500 vendor experience across cloud, storage, security and networking. Harr received his MBA from the University of Maryland and a BA from Tulane University in Political Economy and Russian. He has four kids and lives with his wife and family in Los Gatos, CA.
John Taylor, Co-founder and Chief Technology Officer
John built his career in software development and engineering management in the computer and networking security industries. His work is the foundation behind leading ATM switching, web acceleration, and Wi-Fi products. John has a reputation for growing start-ups into publicly traded companies. Before co-founding Panzura, John was a member of the founding software team at Aruba Networks, where he served as Director of Engineering. Prior to Aruba Networks, John was a lead software architect and engineer at Alteon WebSystems, playing an instrumental role in the creation of the load-balancing market. At FORE Systems, John was a software engineer before the company began trading publicly in 1994. John completed his master’s degree in computer science at the University of Virginia.
Paul Madera, Managing Director, Meritech Capital Partners
Paul Madera was a founder of Meritech in 1999. He currently focuses on the SaaS, storage, e-commerce, financial technology, digital consumer, and medical device sectors. Recognized multiple times on the Forbes Midas list, Paul is known for his successful investments in enterprise cloud and infrastructure companies; he has led Meritech’s investments into BlueArc (Hitachi Data), Facebook, Force10 (Dell), Riverbed Technology (RVBD), and Salesforce.com (CRM) among others. Prior to Meritech, Paul was Managing Director and Head of the Private Equity Group at Montgomery Securities/Banc of America where he assisted tech and consumer-based startups in raising capital. He began his career in finance as an investment banker with Morgan Stanley & Co. in New York. Before joining Morgan Stanley, he served in the United States Air Force as an F-16 Instructor Pilot based in South Korea, Spain, and Utah. He also spent a tour at the Pentagon as a member of the Air Force Liaison Office to the US House of Representatives and Senate. Paul holds a B.S. from the United States Air Force Academy and an M.B.A. from the Stanford Graduate School of Business, and currently serves as the Chairman of the US Air Force Academy Endowment.
Gill Cogan, Board Member & General Partner, Opus Capital
Gill Cogan brings more than 25 years of venture capital investing experience in software, communications and semiconductors. He is co-founder of Opus Capital, a venture group focused on very early stage IT companies with approximately $1.7 billion under management. Prior to Opus, he was a founding partner and Managing Partner of Lightspeed Venture Partners. He was also Managing General Partner at Weiss, Peck & Greer Venture Partners (WGPVP).
Gill has invested in a wide variety of early stage information technology companies such as Vantive (NASDAQ: VNTV, acquired by PeopleSoft (NASDAQ:PSFT)), Harmonic Lightwaves, Inc. (NASDAQ: HLIT), Visigenic Software (NASDAQ: VSGN, acquired by Borland (NASDAQ: BORL)), Airgate PCS, Inc. (NASDAQ: PCSA, acquired by Alamosa Holdings, Inc. (NASDAQ: APCS), subsequently acquired by Sprint Nextel (NYSE: S)), P-Com (NASDAQ: PCOM), Kalpana (acquired by Cisco (NASDAQ: CSCO)), Electronics for Imaging (NASDQ: EFII) and many others. In addition, while he was Managing Partner of WPGVP, the Funds invested in companies such as Galileo, Ciena, Brocade, BlueNile, and DoubleClick.
Prior to joining WPG in 1990, Gill managed the West Coast operations of Adler & Company and was on the team that made investments in companies such as Mercury Interactive (NASDAQ: MERQ, acquired by Hewlett Packard (NYSE: HPQ)), Zoran Corporation (NASDAQ: ZRAN) and IXYS (NASDAQ: IXYS).
He was one of three General Partners who formed the first independent Israeli venture fund in 1985. Since 1982, the Funds with which he has worked have continuously invested in Israeli companies.
Gill has significant operating experience as a result of his tenure as CEO of Formtek Inc., a systems company based on technology developed at Carnegie-Mellon University, which was acquired by Lockheed Corporation.
He is Chairman of the Board of Directors of Electronics for Imaging (NASDAQ: EFII) and serves on the Board of Directors of several privately held companies. He served on the Venture Advisory Board of Silicon Valley Bank for 7 years.
Gill holds an MBA from UCLA.
Andy Verhalen, Board Member & General Partner, Matrix Partners
Andy began his career at Intel in 1981 as the product-line manager for their flagship microprocessor, the 8086, during the debut of the IBM PC. He joined 3Com in 1986, and built a highly profitable new division that grew to more than $250 million in annual revenues. In 1992, Andy joined Matrix Partners where he has invested in and advised dozens of companies, including Alteon WebSystems which went public and eventually sold to Nortel, Ambarella (Nasdaq: AMBA), SiTera, which sold to Vitesse, and Unwired Planet (Openwave Systems), which went public in 1999. Andy earned BSEE, MSEE, and MBA degrees from Cornell University.