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How Much Did Parallel Wireless Raise?
Funding & Key Investors

Parallel Wireless has secured $10.8M in total capital, with its most recent financing round bringing in $2M in a major strategic investment. This significant backing underscores the company's progress in the competitive telecommunications infrastructure sector.

What is Parallel Wireless?

Parallel Wireless
SoftwareNetworking Software

Parallel Wireless is a software company specializing in open, secure, and intelligent Radio Access Network (RAN) architecture. Founded in 2012 and headquartered in Nashua, New Hampshire, the company offers its ALL G O-RAN software platform designed to deliver advanced wireless connectivity solutions. Its focus on open RAN principles aims to disrupt traditional proprietary network infrastructure by fostering greater flexibility and innovation within the industry.

How much funding has Parallel Wireless raised?

Parallel Wireless has raised a total of $10.8M across 2 funding rounds:

2016

Debt

$8.8M

2020

Debt

$2M

Debt (2016): $8.8M, investors not publicly disclosed

Debt (2020): $2M led by PPP

What's next for Parallel Wireless?

The recent major strategic investment indicates a pivotal growth phase for Parallel Wireless. This capital infusion is likely earmarked for accelerating product development, expanding market reach, and enhancing its open RAN software platform. The company's enterprise-level funding context suggests a strategic push towards scaling operations and solidifying its position as a key player in the evolving telecommunications landscape, potentially targeting broader adoption of its innovative RAN solutions.

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Frequently Asked Questions Regarding Parallel Wireless Financial Insights

What are the most recent funding rounds that Parallel Wireless has completed, and what were the funding rounds?
Parallel Wireless has recently completed 2 funding rounds: Debt on Apr 14, 2020, Debt on Feb 8, 2016. What is the total amount of funding Parallel Wireless has raised to date?
Parallel Wireless has raised a total of $10.8M in funding to date. How many funding rounds has Parallel Wireless completed?
Parallel Wireless has completed 2 funding rounds. How much funding did Parallel Wireless raise in its most recent funding round?
Parallel Wireless raised $2M in its most recent funding round. Who are the lead investors in Parallel Wireless's latest funding round?
The lead investor in Parallel Wireless'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 Parallel Wireless's history?
The largest funding round in Parallel Wireless's history was $8.8M.
See more information about Parallel Wireless

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