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Corporate travel has a been a market in need of some desperate transformation. Pana, a CU Boulder spinoff company, hopes to facilitate this change with a $10 million Series A round led by Silicon Valley VC firm Bessemer Venture Partners.

“I think it is a very promising startup,” said Jason Mendelson, co-founder of the Boulder-based Foundry Group. “What they are working on has the potential to save lives, injuries and costs, while also maintaining the mobility independence of its customers.”

CU Boulder served as the �Թ��� Track sponsor at Boulder Startup Week (BSW) from May 13-17. There were six �Թ��� Track sessions featuring CU Boulder faculty, staff and alumni.