solutions for the Microsoft platform, today announced that it has raised an undisclosed sum of

funding from JMI Equity, Intel Capital and Platinum Neurone Ventures (PNV). The company

will use the investments to continue augmenting product development plans and capitalize on

increased demand in the BI sector.

“Panorama’s rapid expansion continues as marked by our stellar results,” said Rony

Ross, Executive Chairman and Founder, Panorama Software. "Our second quarter numbers

confirm another positive milestone for Panorama. With the additional funding, Panorama will be

able to increase its growth rate and capitalize on the positive market momentum for our software

solutions.”

Panorama will use the investment to expand its global footprint, accelerate new product

developments and additional application initiatives in the analytics, performance measurement,

and enterprise reporting space. As a result of the financing, Brad Woloson, a general partner at

JMI Equity, will join Panorama’s board of directors.

“We are excited by the Company’s momentum in the BI market and we firmly support

Panorama’s vision and its proven ability to execute on that vision,” said Brad Woloson,

General Partner at JMI Equity.

"Intel Capital is investing in technology companies that help bring to life our vision of

tomorrow’s digital office,” said Prasad Rampalli, chief architect and vice president of Intel’s

Information Services and Technology Group. “IT departments need tools that help their

companies use data more productively. Business intelligence companies, like Panorama, can

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help companies turn data into actionable information, a corporate asset and competitive

advantage.”

Panorama Software helps global organizations unlock the hidden value of their information assets

to improve business performance and results. Panorama extends the Microsoft Platform through

integrated business intelligence and corporate performance management solutions. With

Panorama decision makers at all levels and functions can easily analyze data, quickly create and

distribute reports, and proactively measure performance. Companies gain a greater

understanding of their business and make better decisions. These informed decisions improve

profitability, increase revenues, reduce costs and time to market and mitigate competitive risks.

Panorama, a leading innovator of business intelligence solutions, supports customers worldwide

in industries such as financial services, manufacturing, healthcare, retail, healthcare,

telecommunications and life sciences. Panorama has more than 150 partners in 30 countries,

and maintains offices throughout North America and EMEA. More information is available at

JMI is a private equity firm focused exclusively in the software and information and business

services industries. JMI was founded in 1992 to invest in privately-held, growing companies

seeking capital to expand their business, make acquisitions, accelerate product development, or

provide shareholder liquidity. We have invested in 60 companies across the United States and

Canada and operate out of offices in San Diego, California and Baltimore, Maryland. For more

Intel Capital, Intel's strategic investment program, focuses on making equity investments and

acquisitions to grow the Internet economy in support of Intel's strategic interests. Intel Capital

invests in hardware, software and services companies in several market segments, including

computing, networking, and wireless communications. For more information, visit

PNV is a leading Israeli VC headquartered in Tel-Aviv, Israel with offices in Singapore and

Taiwan. PNV invests in early-stage and growth-stage companies in the Communications,

Information Technology, Semiconductor and Medical Device sectors. The fund is backed by

global investors spearheaded by Bank of America, Keppel T&T, and the SFK Group.