Tech Company Financing Transactions
Parallels Funding Round
On 1/18/2013, Parallels announced funding from Cisco Investments.
Transaction Overview
Company Name
Announced On
1/18/2013
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Cisco Investments (Hilton Romanski)
Proceeds Purpose
As part of the investment, Parallels and Cisco also agreed to expand joint development, marketing and industry initiatives.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
110 110th Ave. NE 410
Bellevue, WA 98004
USA
Bellevue, WA 98004
USA
Phone
Website
Email Address
Overview
Parallels (formerly SWsoft) is a worldwide leader in virtualization and automation software that optimizes computing for consumers, businesses, and service providers across all major hardware, operating system, and virtualization platforms.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Serguei Beloussov
Chief Executive Officer
Birger Steen
VP - General Counsel
Ken McGraw
VP - Human Resources
Michael Erisman
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Next: 1/18/2013: Levels Beyond venture capital transaction
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Where The Data Comes From
We record funding rounds that are announced publicly. VC investment data records reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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