Pancetera provides virtual storage optimization solutions to help organizations improve operational efficiency and leverage virtualization investments for greater levels of IT performance and productivity. The company’s virtual appliance provides a new way to measurably reduce the impact of management tasks in virtual environments, such as backup, replication, archiving, security scanning, search, and DLP.
Pancetera’s SmartRead™ technology dramatically reduces storage and network I/O, leading to more efficient utilization of existing enterprise infrastructure and higher VM density per server. Pancetera was acquired by Quantum (NYSE: QTM)
“When Greg Wade and I founded Pancetera, we had a variety of investors to choose from for our Series A raise. We choose to work with HWVP because they are focused solely on enterprise software start-ups. During the course of the company life, we found Lars Leckie unafraid to share his perspective in a constructive manner, which showed his deep level of engagement and willingness to explore possibilities and scenarios while also mindful of his role as a board member and the wishes of the founders. We benefited from Lars’ understanding of the business and look forward to pitching HWVP in the future.””