Profile Capital Management completed the acquisition of Panzura.

Profile Capital Management, a venture capital firm completed the acquisition of Panzura, a cloud storage solutions provider. Financial terms were not disclosed. "Now's the time to invest in cloud storage, and Panzura -- with its stellar technologies specifically engineered for cloud agility and the flexibility enterprises mandate -- is the right company to invest in for rapid growth. We are convinced that Panzura's market trajectory will accelerate as businesses adjust to the new normal of remote working," Benjamin Chereskin, Profile Capital President and Founder.