# ParAccel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paraccel

- Industry: Software
- Headquarters: San Diego, US
- Website: www.paraccel.com
- Total disclosed funding: $57M
- Latest round: Series E (Jul 7, 2011)
- Investors on record: 7

## About

ParAccel, Inc. specializes in advanced analytical database solutions designed to enhance data processing and analytics for businesses across various sectors, facilitating faster, more efficient data-driven decision-making.ParAccel, Inc. is a data analytics company headquartered in San Diego, US, founded in 2006. The company was acquired by Actian Corporation, a portfolio company of Garnett & Helfrich Capital, in April 2013. The acquisition terms were not disclosed.ParAccel, Inc. offers a suite of advanced database solutions that cater to the needs of over 20,000 organizations, including Fortune 100 companies. Their solutions are designed for high-performance analytics and data management, enabling businesses to efficiently process and analyze large data sets.ParAccel, Inc.'s revenue model is primarily based on subscription services that provide clients access to their analytical database solutions. These agreements often involve tiered pricing structures based on the complexity of the services utilized, ensuring consistent revenue streams for the company.Looking forward, ParAccel, Inc. aims to launch new advanced data management products targeted for release in late 2024. The company plans to expand its presence in the European and Asian markets by 2025. The recent funding of USD 20.00 mn will be strategically allocated to support these product developments and market entry initiatives.

## Funding rounds

- Series E, Jul 7, 2011, $15M — Bay Partners, Menlo Ventures, Mohr Davidow Ventures, Walden Catalyst, Silicon Valley Bank, Amazon, Tao Venture Capital Partners
- Series C, Jun 26, 2009, $22M — Bay Partners, Menlo Ventures, Mohr Davidow Ventures, Walden Catalyst, Tao Venture Capital Partners
- Series B, Dec 11, 2007, $20M — Bay Partners, Mohr Davidow Ventures, Walden Catalyst
- Series A, Aug 1, 2006 — Bay Partners, Mohr Davidow Ventures, Tao Venture Capital Partners

## Investors

- Bay Partners (https://capitalatlas.ai/funds/bay-partners) — Series A, Series B, Series C, Series E
- Mohr Davidow Ventures (https://capitalatlas.ai/funds/mohr-davidow-ventures) — Series A, Series B, Series C, Series E
- Tao Venture Capital Partners — Series A, Series C, Series E
- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Series B, Series C, Series E
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series C, Series E
- Silicon Valley Bank — Series E
- Amazon (https://capitalatlas.ai/funds/amazon) — Series E