Tech Company Financing Transactions
ParAccel Funding Round
ParAccel, based in San Diego, scored $22 million in investment from Menlo Ventures and private investors.
Transaction Overview
Company Name
Announced On
6/29/2009
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series C
Investors
Menlo Ventures (Lead Investor) (John Jarve)
Proceeds Purpose
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.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
9920 Pacific Heights Blvd. 450
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Overview
The company develops data warehousing software for use by enterprises and other data-intensive organizations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Charles Berger
Chief Information Officer
Mike Torgersen
Chief Operating Officer
Paul Zolfaghari
Chief Technical Officer
Barry Zane
Controller
Dean Mayer
VP - Customer Service
Rick Glick
VP - Engineering
Alok Srivastava
VP - Marketing
Rich Ghiossi
VP - Operations
Dave Kloc
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