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3

About Profile Capital Management

Profile Capital Management is a US family office.

Profile Capital Management Headquarter Location

Chicago, Illinois,

United States

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Latest Profile Capital Management News

Cloud file system maker Panzura acquired by Profile Capital Management

May 9, 2020

Cloud file system maker Panzura acquired by Profile Capital Management Financial terms of the transaction were not revealed. The computer data storage will utilize the financial resources and extensive business networks offered by Profile Capital Management to speed up its market and international expansion in response to the demand of enterprises for flexibility and security for their remote workforces. Panzura said that it has been tapping into the data management trends for the quickly evolving ‘new normal’ of working from home amid the coronavirus outbreak. The company claims to handle hundreds of petabytes of data in the cloud for enterprises across the healthcare, financial services, gaming, media and entertainment, architectural, engineering and construction industries, and also government agencies. Its patented technology is said to deliver real-time cloud-based file operations which include file locking to negate overwriting or versioning, and speeding up collaboration between remote workers, irrespective of location. This enables organizations to share data across the world securely and in real time. Cloud file system maker Panzura acquired by Profile Capital Management. Photo courtesy of Free-Photos from Pixabay. Rich Weber, the former Chief Product Officer of Panzura, who has now been made its President, said: “Being acquired by Profile Capital is exciting for Panzura, our customers, and employees. The sudden acceleration in the trajectory of enterprise remote working trajectory, from ‘nice to have’ to ‘essential’, is driving global IT investments in real-time collaboration with virtual teams, business continuity, and data security, all of which we excel in. “Our record growth indicates that enterprises need tools like Panzura Freedom global cloud filer and Vizion.ai data analytics to support a more aggressive and pervasive use of cloud technologies, and I am looking forward to working with Ben and Jill to bring Panzura’s growth to the next level.” The military-grade security support from Panzura for public, private, and ‘dark’ clouds and immutable data architecture is said to keep cloud-based data secured and inherently secure from cyber-attacks. The company said that its built-in active archive, enterprise-grade backup, and disaster recovery maximize enterprise up-time and replace services usually offered by a third party, thereby delivering operational efficiencies and savings. Benjamin Chereskin – President and Founder of Profile Capital Management, said: “Now’s the time to invest in cloud storage, and Panzura — with its stellar technologies specifically engineered for cloud agility and the flexibility enterprises mandate — is the right company to invest in for rapid growth. We are convinced that Panzura’s market trajectory will accelerate as businesses adjust to the new normal of remote working.” Related

Profile Capital Management Investments

3 Investments

Profile Capital Management has made 3 investments. Their latest investment was in Federal Data Systems as part of their Seed on July 7, 2018.

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Profile Capital Management Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/18/2018

Seed

Federal Data Systems

Yes

2

4/10/2018

Series B

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$99M

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10

9/3/2017

Unattributed

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$99M

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10

Date

7/18/2018

4/10/2018

9/3/2017

Round

Seed

Series B

Unattributed

Company

Federal Data Systems

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Amount

$99M

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

Profile Capital Management Acquisitions

1 Acquisition

Profile Capital Management acquired 1 company. Their latest acquisition was Panzura on May 08, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/8/2020

Series E+

$99M

$90M

Acq - Fin

1

Date

5/8/2020

Investment Stage

Series E+

Companies

Valuation

$99M

Total Funding

$90M

Note

Acq - Fin

Sources

1

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