How Much Did Parallax Raise?
Funding & Key Investors

Parallax, a prominent player in the educational technology sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $150K. This latest infusion of $150K underscores the company's sustained relevance in the competitive landscape of STEM-focused hardware and curriculum development. By leveraging this financial backing, the firm continues to solidify its position as a critical provider of hands-on learning tools for secondary education institutions globally.

What is Parallax?

Parallax
EducationTrainingElectronics

Headquartered in Rocklin, California, Parallax specializes in the design and manufacture of sophisticated robotic educational products tailored for middle and high school curricula. The company distinguishes itself through a deep focus on microcontroller education, offering a comprehensive ecosystem that includes the proprietary Propeller Multicore Microcontroller, alongside a diverse array of sensors, motor controllers, and IoT hardware. By aligning its pedagogical resources with Common Core and Next Generation Science Standards, Parallax facilitates complex learning outcomes in circuit building and embedded programming. Its commitment to versatile coding environments, such as BlocklyProp and C, ensures that students are equipped with the technical literacy required for modern engineering and computer science disciplines.

How much funding has Parallax raised?

Parallax has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Parallax

PPP

Public-Private Partnership

What's next for Parallax?

With the successful completion of this late-stage financing, Parallax is well-positioned to scale its operations and expand its footprint within the global educational market. The strategic deployment of this capital will likely focus on enhancing its existing product suite, potentially integrating more advanced IoT capabilities and AI-driven robotics modules to meet evolving classroom demands. As the company transitions into this next phase of growth, the focus will remain on maintaining its reputation for high-quality, student-oriented hardware while navigating the complexities of the digital transformation in secondary education. This investment serves as a catalyst for further innovation, ensuring that Parallax remains at the forefront of the educational robotics industry.

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Frequently Asked Questions Regarding Parallax Financial Insights

What are the most recent funding rounds that Parallax has completed, and what were the funding rounds?
Parallax has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Parallax has raised to date?
Parallax has raised a total of $150K in funding to date.
How many funding rounds has Parallax completed?
Parallax has completed 1 funding rounds.
How much funding did Parallax raise in its most recent funding round?
Parallax raised $150K in its most recent funding round.
Who are the lead investors in Parallax's latest funding round?
The lead investor in Parallax's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Parallax's history?
The largest funding round in Parallax's history was $150K.
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