Panzura LLC, a market leader in hybrid multi-cloud data management, has been named to Inc. magazine’s annual Best Workplaces list. Featured in the May/June 2022 issue and on Inc.com, the list results from a comprehensive measurement of American companies that have excelled in creating exceptional workplaces and company culture, whether operating in a physical or virtual facility.
Panzura’s ranking among Inc.’s Best Workplaces for 2022 is a testament to its commitment, driven by its female-led board, to build an equitable environment that values performance, innovation, and compassion. In less than two years, Panzura has more than doubled its annual recurring revenue (ARR), achieved 4x the pace of growth of its competitors, and brought seven products to market. Most recently, Panzura successfully raised $80 million in Series B funding from Kayne Partners and CIBC Innovation Banking. Panzura’s CEO, Jill Stelfox, credits the company’s turnaround performance on its people and its work culture.
“Great people build great products, which means company culture becomes a competitive differentiator. That’s why Panzura intentionally sought to create a culture that attracts the best, starting with concrete measures that deliver equity in the workplace and drive performance. Developing a more diverse, gender-balanced talent pool not only makes Panzura a better place to work, but it also helps us deliver unparalleled value to customers.”
— Jill Stelfox | Chief Executive Officer at Panzura
After collecting data from thousands of submissions, Inc. selected 475 honorees this year. Each nominated company took part in an employee survey conducted by Quantum Workplace, which included management effectiveness, perks, fostering employee growth, and overall company culture. The organization’s benefits were also audited to determine the overall score and ranking.
“Not long ago, the term ‘best workplace’ would have conjured up images of open-office designs with stocked snack fridges. Yet, given the widespread adoption of remote work, the concept of the workplace has shifted. This year, Inc. has recognized the organizations dedicated to redefining and enriching the workplace in the face of the pandemic.”
— Scott Omelianuk | Editor-in-Chief at Inc.
Becoming an honoree of Inc.’s Best Workplaces list builds on Panzura’s existing industry award recognition over the past year. Awards include “Cloud Infrastructure Solution of the Year” by the Tech Ascension Awards and “Best Hybrid Cloud Solution” in the Cloud Awards. Panzura was also ranked among the “100 Coolest Cloud Companies” in the CRN Channel Awards 2021.
Above-market growth has allowed Panzura to continue hiring the industry’s best talent. The company will add another 150 team members by the end of 2022 with career opportunities in engineering, marketing, HR, finance, and sales.