NEWS RELEASE
Media Contact:
Tom Beermann
SanDisk Corporation
408-801-1443
tom.
beermann@sandisk.
com
SANDISK VENTURES INVESTS IN CLOUD STORAGE SOLUTIONS PROVIDER
PANZURA, EXTENDING ENTERPRISE STORAGE FOCUS
June 30, 2013 – SanDisk Corporation (NASDAQ: SNDK),...
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NEWS RELEASE
Media Contact:
Tom Beermann
SanDisk Corporation
408-801-1443
tom.
beermann@sandisk.
com
SANDISK VENTURES INVESTS IN CLOUD STORAGE SOLUTIONS PROVIDER
PANZURA, EXTENDING ENTERPRISE STORAGE FOCUS
June 30, 2013 – SanDisk Corporation (NASDAQ: SNDK), a global leader in flash
memory storage solutions, announced its venture arm SanDisk Ventures, has invested
in Panzura, a provider of flash-based network attached storage (NAS) solutions for
enterprise companies.
Panzura’s scalable offering uses flash memory to store data offpremise in the “cloud,” reducing customer system, support, administration, power and
cooling costs.
SanDisk participated in Panzura’s recent Series D funding round and joins Meritech
Capital, Matrix Partners, Khosla Ventures, Opus Capital and Chevron Technology
Ventures as Panzura backers.
Specific financial terms of the SanDisk investment were
not disclosed.
“Panzura’s innovative global NAS cloud infrastructure solution offers numerous
benefits compared to
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