Panasas, a data storage company, raises $10M in debt

ORIX Venture Finance has loaned $10 million to Panasas, a Fremont, Calif. data storage systems company, reports VentureWire today (sub required).

Since 2000, Panasas has raised nearly $75 million from Centennial Ventures, Intel Capital, Novak Biddle Venture Partners and the Carlyle Group.

(Originally published 5/23)

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