ParAccel Lands $22,000,000 Series C Round

  • Feed Type
  • Date
    6/29/2009
  • 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
    $22,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    ParAccel will use the funds to expand product development, accelerate sales and marketing and ramp up services and support to manage its rapidly growing customer base.
  • M&A Terms
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    Undisclosed

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