ParAccel Receives $20,000,000 New Funding Round

  • Feed Type
  • Date
    4/26/2012
  • Company Name
    ParAccel
  • Mailing Address
    9920 Pacific Heights Blvd. San Diego, CA 92121
  • Company Description
    The company develops data warehousing software for use by enterprises and other data-intensive organizations.
  • Website
    http://www.paraccel.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will use the investment to expand and capture the growing demand for ParAccel’s analytic platform, which helps companies gain competitive advantage through unconstrained insights into their data.
  • M&A Terms
  • Venture Investor
    Amazon
  • Venture Investor
    Bay Partners
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    Mohr Davidow Ventures
  • Venture Investor
    Tao Venture Partners
  • Venture Investor
    Walden International
  • Venture Investor
    Silicon Valley Bank