What is Parallel Edge?
Parallel Edge is a specialized provider of outsourced IT support, focusing its expertise on Architecture, Engineering, and Construction (AEC) firms and businesses within the broader built environment sector. Leveraging over two decades of experience, the company delivers customized technology solutions designed to empower clients to concentrate on their primary business objectives. Their comprehensive service portfolio includes round-the-clock technology management, robust data protection strategies, and reliable disaster recovery options, catering to a wide array of industries integral to the built environment.
How much funding has Parallel Edge raised?
Parallel Edge has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Parallel Edge?
The substantial backing and recent strategic investment indicate that Parallel Edge is poised for a significant growth phase. This capital infusion is likely to fuel further development of their specialized IT solutions, potentially expanding their service offerings and market reach within the AEC and built environment sectors. The company's focus on critical areas like data protection and disaster recovery, coupled with their extensive experience, positions them for continued success and deeper market penetration.
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