What is ParAccel?
ParAccel Inc. operates within the Data Collection & Internet Portals industry, employing between 20 to 49 individuals and generating revenue in the range of $5 million to $10 million. The company's focus on data collection and internet portals positions it within a dynamic and evolving digital information ecosystem. Its operational scale suggests a mature phase of development, likely focused on refining its services and expanding its market reach.
How much funding has ParAccel raised?
ParAccel has raised a total of $72.5M across 4 funding rounds:
Series B
$20M
Series C
$22M
Series D
$10.5M
Unspecified
$20M
Series B (2007): $20M with participation from Mohr Davidow Ventures, Walden International, Tao Venture Partners, Bay Partners, and PacVen Walden Ventures
Series C (2009): $22M led by Mohr Davidow Ventures, Walden International, Tao Venture Partners, Menlo Ventures, and Bay Partners
Series D (2010): $10.5M, investors not publicly disclosed
Unspecified (2012): $20M featuring Menlo Ventures, Bay Partners, Mohr Davidow Ventures, Walden International, Tao Venture Partners, Amazon.com, and Silicon Valley Bank
Key Investors in ParAccel
Mohr Davidow Ventures
Mohr Davidow Ventures specializes in innovative tools aimed at enhancing productivity and streamlining processes, focusing on supporting entrepreneurs with significant market opportunities.
Walden International
Walden International invests in early and growth-stage companies across Internet & Digital Media, Semiconductors, Software & IT Services, and Emerging Technologies, providing capital and value-add experience.
Bay Partners
Bay Partners is a venture capital firm with extensive experience in guiding companies from startup to successful liquidity, focusing on achieving optimal M&A and IPO transactions.
What's next for ParAccel?
The consistent and significant capital injections into ParAccel, culminating in major enterprise-level funding rounds, indicate a strategic push for scaling operations and market penetration. The company's history of securing backing from prominent venture capital firms suggests a strong belief in its technology and business model. Future endeavors will likely involve leveraging this investment to enhance its data collection capabilities, expand its portal offerings, and potentially explore new market segments or technological advancements within the data and internet services domain. The strategic nature of recent financing points towards potential partnerships or acquisitions aimed at accelerating growth and solidifying its competitive position.
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