The company's core offering is a global file system promoted as a unified data engine.

[10][11] Panzura was acquired outright in 2020 by Chicago-based private equity firm Profile Capital Management.

[4] It overcomes latency to provide users with simultaneous, real-time access to petabyte-size files from any widely distributed location.

[5] Panzura Mobile adds enterprise file sync and share capabilities to CloudFS, using the same authoritative data source.

[20] Panzura provides secure-erase capabilities for data destruction in compliance with guidelines for media sanitization as set out in the NIT special publication 800-88.