# Paragon Wireless

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paragon-wireless

- Industry: Consumer Products
- Headquarters: Richardson, US
- Website: www.parawireless.com
- Total disclosed funding: $7M
- Latest round: Series B (Nov 30, 2005)
- Investors on record: 2

## About

Paragon Wireless is a technology company specializing in wireless communication solutions, providing innovative products and services that enhance connectivity and efficiency across various industries.Founded in 2004 and headquartered in Richardson, US, Paragon Wireless focuses on delivering wireless communication technology. The company raised USD 7.00 mn in Series B funding in November 2005, co-led by Austin Ventures and CID Group, and has completed a total of 2 deals to date. The founder's history is not specified.Paragon Wireless designs and develops advanced wireless communication solutions, catering to the needs of diverse sectors. Their offerings include cutting-edge hardware and software that improve connectivity and operational efficiency, positioning them as a key player in the wireless technology landscape.Paragon Wireless generates revenue through its product sales and service offerings, leveraging a subscription-based model where applicable. The company’s pricing plans are designed to cater to a wide range of clients, ensuring access to high-quality communication solutions.With the recent Series B funding of USD 7.00 mn, Paragon Wireless plans to enhance its product lineup and expand into new geographic markets. Specific regions targeted for growth have not been disclosed, but the company aims to launch innovative solutions that align with customer needs. The funds raised will support the development of new technologies and bolster marketing efforts to increase market penetration.

## Funding rounds

- Series B, Nov 30, 2005, $7M — Austin Ventures, CID Group

## Investors

- Austin Ventures (https://capitalatlas.ai/funds/austin-ventures) — Series B
- CID Group (https://capitalatlas.ai/funds/cid-group) — Series B