Business Overview
Acquired
2006
$59M
Series E
6
6
8.9 years
Panaya enables organizations to accelerate application change and continuously deliver innovation with its Change Intelligence Platform. Panaya provides cloud-based application delivery and testing solutions that ensure collaboration between Business and IT. Enabling enterprise agility with faster release velocity and uncompromising quality, Panaya delivers an optimized user experience with end-to-end visibility of the application lifecycle. Since 2008, 3,000 companies in 62 countries, including a third of the Fortune 500, have been using Panaya to deliver quick quality change to enterprise ERP and CRM applications.
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Founders (1)
| Name | Position | Military | Classification | Contact |
|---|---|---|---|---|
hiddenYossi Cohen | CEO and Board Advisor | Serial Entrepreneur |
Board and Advisors (0)
Revenues (0)
Funding Rounds (6)
$59M
| Round | Date | Capital Raised | Valuation | Investors |
|---|---|---|---|---|
| January 2015 | hidden$20M | 1 | ||
| January 2013 | hidden$16M | 3 | ||
| September 2010 | hidden$6M | 3 | ||
| June 2010 | hidden$7M | 1 | ||
| August 2009 | hidden$5M | 2 | ||
| May 2006 | hidden$5M | 2 |
M&A Events (1)
| Transaction | Date | Target/Acquirer | Consideration |
|---|---|---|---|
hiddenAcquisition | February 2015 | hiddenPanaya | hidden$230M |
Investors (6)
| Investor | Investor Type | Location |
|---|---|---|
| Venture Capital | United States | |
| Venture Capital | United States | |
| Venture Capital | Germany | |
| Private Equity | Israel | |
| Venture Capital | Israel | |
| Venture Capital | Israel |
Patents (0)
Research Publications (0)
Certifications (0)
AI Technology Stack
4
The core technology is based on Analytics engines using static code analysis, combined with Machine Learning, to provide real-time scanning and analysis of any software change, recommendations for resolution and automatic repair to the level of developer code. The solution enables the organization to plan requirements, analysis, tests and control of any kind of application or software change, and to do so efficiently, with an optimal user-friendly experience.
