McClure v. Panzura Litigation
Elevated severity · Legal
OpenObserved
Active litigation alleging wrongful termination and breach of implied covenant of good faith.
Vendor dossier // panzura.com
Panzura
Also known as Panzura LLC
San Francisco, California, United States · Est. 2008 · 51-200 employees
Key people
- Karthik Ramamurthy, Chief Executive Officer [12]
- Guy Churchward, Executive Chairman [1]
- David Black, Chief Financial Officer [1]
- Joel Clark, Chief Legal Officer [3]
Last updated: Aug 19, 2026, 05:19 PM · Partial / limited public data
Moderate risk
Proceed with caution
Panzura demonstrates a coherent security posture with FIPS 140-3 certification and AI-driven threat controls, serving government and enterprise clients. No… Limited public data - verify before relying.
Higher score = greater risk. How we score
44/100
Moderate RiskRisk Score
44/100
Research Coverage
Partial
Evidence Quality
01. Findings
Panzura emphasizes data security with FIPS 140-3 certification for its CloudFS platform, supporting compliance for government and enterprise clients. The platform includes AI/ML-driven behavioral profiling for proactive threat detection, including ransomware and data exfiltration. Panzura Symphony offers behavior analytics to detect suspicious file access patterns. The company claims to protect against accidental data deletion and malware, ensuring data compliance and secure erasure . However, detailed public security documentation, such as specific SOC 2 reports or a comprehensive list of subprocessors, is not fully disclosed in the provided sources. The privacy policy outlines data collection practices but lacks detailed third-party sharing disclosures .
02. Events
[leadership] Karthik Ramamurthy Appointed CEO
Karthik Ramamurthy was appointed CEO in April 2026, succeeding Dan Waldschmidt.
Apr 13, 2026, 12:00 AM · Source
[leadership] Appointment of Karthik Ramamurthy as CEO
Karthik Ramamurthy was appointed CEO in March 2026, completing a planned transition from his role as Chief Product Officer [12].
Mar 12, 2026, 12:00 AM · Source
[leadership] Guy Churchward Appointed Executive Chairman
Guy Churchward was appointed Executive Chairman in June 2025.
Jun 3, 2025, 12:00 AM · Source
[leadership] Appointment of Guy Churchward as Executive Chairman
Guy Churchward was appointed Executive Chairman in June 2025, providing oversight and guidance to the leadership team [1].
Jun 3, 2025, 12:00 AM · Source
03. Observed posture
Evidence classObserved
Deterministic outside-in checks run directly against the vendor's domain - not inferred from press or marketing pages.
Last observed: Aug 19, 2026, 05:04 PM
TLS certificate
Certificate expires in 35 days
lowPassSecurity headers
3/6 security headers present
mediumFailEmail authentication (SPF / DMARC)
infoPass
04. AI Risk
How this vendor uses AI/ML with customer data - model providers, training stance, subprocessors, and relevant DPA language when publicly documented.
AI exposure tier: Moderate AI Exposure
Panzura integrates AI into its data management platform, particularly with Panzura Nexus for Microsoft 365 Copilot integration [25]. The company uses AI/ML-driven behavioral profiling for threat detection in CloudFS [17]. However, public disclosures regarding whether Panzura trains its AI models on customer data or provides opt-out mechanisms are insufficient. The company positions itself as enabling AI-ready data management but does not provide detailed AI governance policies in the provided sources.
- Model providers
- Microsoft
- Training on customer data
- Training stance unknown
- DPA / trust-center notes
- Panzura’s privacy policy outlines data collection practices but lacks detailed third-party sharing disclosures [14].
05. Company
Panzura is a privately held American software company headquartered in San Francisco, California, founded in 2008 . The company specializes in hybrid-cloud data management software, helping enterprises access, manage, and store unstructured data . It underwent a refounding in 2020 by Jill Stelfox and Dan Waldschmidt, leading to significant growth and a cultural shift . As of 2026, Karthik Ramamurthy serves as CEO, with Guy Churchward as Executive Chairman . The company has raised $170 million in funding, with its latest Series B round of $80 million occurring in May 2022 . Panzura serves enterprise clients including Disney, BBC America, and US federal government agencies.
06. Product
Panzura’s primary offering is Panzura CloudFS, a hybrid cloud file platform that provides global namespace, real-time collaboration, and native SMB/NFS/S3 support. The platform includes features like immutable snapshots, AI-powered threat control, and ransomware resilience. Additional products include Panzura Nexus for enterprise AI file intelligence with Microsoft 365 Copilot integration, and Panzura Symphony for behavior analytics and data exfiltration prevention. The company positions itself against competitors like Egnyte, Nasuni, and CTERA in the hybrid cloud storage market. Panzura CloudFS 8.7 was released in January 2026, focusing on infrastructure cost reduction and agentic AI workflows.
07. Recent News
Recent news highlights Panzura’s leadership changes, including the appointment of Karthik Ramamurthy as CEO in March 2026 and Guy Churchward as Executive Chairman in June 2025 . The company launched Panzura Nexus in April 2026 to integrate with Microsoft 365 Copilot. Panzura CloudFS 8.7 was released in January 2026, enhancing infrastructure cost efficiency and AI readiness. The company was recognized in CRN’s Cloud 100 list for the sixth consecutive year in December 2024. Panzura also expanded its service provider program in April 2026 to support managed file and AI data businesses.
08. Dependencies
Fourth parties this vendor relies on - subprocessors, infrastructure, and integrations surfaced from public sources.
10. Vendor response
Content in this section is vendor-supplied and does not alter Vendorisk.ai's risk tier or evaluation.
Loading claim status
11. Assessment history
- 8/19/2026, 5:19:54 PM · Moderate · 45
Risk delta is hidden until two stored snapshots can be compared.
12. Targeted questions
No unresolved controls
Targeted questions are generated only from unanswered or conflicting controls. The full SIG-lite questionnaire remains on its own route.
Evidence & provenance
30 sources · Generated Aug 19, 2026, 05:19 PM
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Evidence & provenance
30 sources · Generated Aug 19, 2026, 05:19 PM
Every verdict stores the public sources retrieved for this run. Read our methodology.
- Verdict generated
- Aug 19, 2026, 05:19 PM
Input sources · retrieved Aug 19, 2026, 05:19 PM
Company(5)
- Open source →
Panzura Company Overview, Contact Details & Competitors - LeadIQ
Company
- Open source →
Panzura
Company
Renewed, Re-Founded Panzura Raises $80M
Company
13. Sources
- [1] Panzura was founded in 2008 by Randy Chou and John Taylor. Panzura
- [2] Guy Churchward was appointed Executive Chairman and David Black was promoted to CFO in June 2025. Panzura Fortifies Leadership with Churchward, Black
- [3] Joel Clark is Chief Legal Officer at Panzura. Hybrid Cloud Storage, File Services and Solutions Blog | Joel Clark | Panzura
- [4] Panzura is headquartered in San Francisco, California. Panzura
- [5] Panzura has raised $170 million in funding, with a Series B round of $80 million in May 2022. Panzura Company Overview, Contact Details & Competitors - LeadIQ
- [6] Karthik Ramamurthy was appointed CEO in March 2026. Panzura Appoints Karthik Ramamurthy as Chief Executive ...
- [7] Panzura CloudFS is a hybrid cloud file platform with AI-powered threat control. Powerful Hybrid Cloud File & Data Platforms | Panzura
- [8] Panzura CloudFS achieved FIPS 140-3 certification. Panzura CloudFS Achieves FIPS 140–3 Certification
AI-generated assessment based on publicly available sources. Verify critical findings before contractual reliance. Analysis is advisory, not a compliance attestation, and is subject to data availability.