SanDisc flashes cash for Panzura

Jul 2, 2013 • Quentin Carruthers

SanDisc Ventures, the corporate venturing arm of flash memory storage company SanDisc, has announced that it participated as one of the investors in Panzura, US-based provider of cloud storage services, which in June raised $25m in its series D round from a consortium including Chevron Technology Ventures (CTV), the corporate venturing unit of the eponymous oil major. Venture capital firm Meritech Capital Partners led the D round, which also included VC peers Matrix Partners, Khosla Ventures and Opus Capital.

Sumit Sadana,…

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