Cloud storage start-ups don’t seem to be lacking for money. Panzura just raised $25 million in a reportedly oversubscribed D round that
should take it to profitability. That makes $58 million since it got started in
2008.
It’s the one that claims to have the most petabytes under management
and the largest companies in several key verticals like finance, media,
entertainment and government among its customers. It says it grew its
customer base 700% last year and at this point in 2013 has already exceeded
2012 bookings.