US oil major Chevron’s corporate venturing unit has joined the consortium investing $12m in the Panzura’s series B round.
CTTV Investments, the venture capital division of Chevron’s Technology Ventures unit invested alongside venture capital firms Khosla Ventures and Matrix Partners.
Matrix had invested in Panzura’s undisclosed series A round after its launch in 2008.
John Hanten, venture executive for Chevron Technology Ventures, which was ranked most influential in the energy and clean-tech sector by Global Corporate Venturing, has joined customer advisory board of Panzura, which provides online computer services.