What is ParAccel?
ParAccel Inc. operates within the Data Collection & Internet Portals industry, a dynamic field requiring continuous innovation and strategic data management. The company, which employs between 20 to 49 individuals and generates between $5 million to $10 million in revenue, has focused on developing solutions that address complex data challenges. Its market presence is characterized by its ability to attract significant investment, suggesting a strong value proposition and a clear path toward scaling its operations and technological offerings.
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, PacVen Walden Ventures, Bay Partners, Walden International, and Tao Venture Partners
Series C (2009): $22M led by Mohr Davidow Ventures, Bay Partners, Menlo Ventures, Walden International, and Tao Venture Partners
Series D (2010): $10.5M, investors not publicly disclosed
Unspecified (2012): $20M featuring Bay Partners, Menlo Ventures, Mohr Davidow Ventures, Amazon.com, Silicon Valley Bank, Walden International, and Tao Venture Partners
Key Investors in ParAccel
Mohr Davidow Ventures
Mohr Davidow Ventures is a venture capital firm specializing in innovative tools and productivity enhancements, focusing on entrepreneurs with significant market opportunities.
Walden International
Walden International is a venture capital firm with a focus on Internet & Digital Media, Semiconductors, Software & IT Services, and Emerging Technologies, investing in early and expansion-stage companies.
Bay Partners
Bay Partners is a venture capital firm with extensive experience in guiding technology startups towards successful liquidity events, including M&A and IPOs since 1976.
What's next for ParAccel?
The recent major strategic investment in ParAccel signals a pivotal phase for the company, likely focused on expanding its market reach, enhancing its product development, and potentially exploring new technological frontiers. Given the enterprise-level funding context, ParAccel is positioned for significant scaling, aiming to solidify its competitive advantage in the data solutions landscape. Future developments may include strategic partnerships, further technological advancements, and an increased focus on enterprise client acquisition, leveraging the backing to accelerate its growth initiatives.
See full ParAccel company page
