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Storage firm gets $25.4 million

Panasas has raised a $25.4 million second round of funding, led by Carlyle Venture Partners. Other investors include Goldman Sachs and Mohr Davidow Ventures. Fremont, Calif.-based Panasas has raised a total of $36.5 million. The company develops storage networks that increase in capacity as needed.

Panasas has raised a $25.4 million second round of funding, led by Carlyle Venture Partners. Other investors include Goldman Sachs and Mohr Davidow Ventures. Fremont, Calif.-based Panasas has raised a total of $36.5 million. The company develops storage networks that increase in capacity as needed.