January 11, 2015 | According to a “Geektime” report, The Israeli ERP solutions provider Panaya recently raised $20 million from Israel Growth Partners. This amount is added to nearly $39 million in total capital raised by the company since it was founded in 2006 by Yossi Cohen. Specializing in ‘cloud Enterprise Resource Planning,’ which is used by companies to manage large Oracle or SAP changes without compromising the remainder of their systems. The company, which was founded in Israel, serves a number of Fortune 500 companies out of its offices in Menlo Park, California.
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