Your Source for Venture Capital and Private Equity Financings

VC-funded Company:

Panaya
Park 80 West 250 Pehle Avenue, Suite 200
Saddle Brook, NJ 7663
Phone: 201-291-2675
www.panaya.com

Panaya's software-as-a-service helps companies that use SAP or Oracle reduce 70% of their upgrade and testing risk and effort. Utilizing a cloud-based supercomputer, Panaya simulates the upcoming upgrade, automatically pinpointing which custom programs will break as a result of the upgrade and automatically fixing most of these problems. Panaya's testing solutions dramatically expedite ERP testing and eliminate the need for manual test script maintenance. Seamlessly capturing business knowledge in the background, as users work with the ERP applications, Panaya automatically generates plain-English test scripts that are rapidly executed and continually self-adjust based on test results.

Key Contact
Name
Yossi Cohen
Title
CEO
Funding Events

Date
Amount
Type
Investors
Valuation
01/08/13 $16,000,000 Series D Battery Ventures
Benchmark Capital
Hasso Plattner Ventures
undisclosed