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Based in Waltham, Mass., Pantero is a new company that acquired technology in 2003 that was 7 years and $20 million in the making. Backed by top-tier investors including Draper Fisher Jurvetson, its affiliate fund Draper Fisher Jurvetson Gotham Ventures, and Partech International, Pantero began with the idea of taking the acquired modeling technology and re-purposing it to radically reduce the labor involved in integrating business systems. Pantero delivers breakthrough technology for validating business data in integration projects. Pantero's software is the first metadata-driven solution to go beyond managing the format integrity |,| of data to address the far costlier challenge of managing the business integrity |,| of data shared between applications. By capturing business rules about data and schema in one metadata repository, data validation can be managed, audited, and reused to reduce the cost, time and complexity of integrating systems by over 40%. Pantero's technology is currently being deployed at pilot sites that include some of the world's largest corporations.