# Parlano

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

- Industry: Software
- Headquarters: Chicago, US
- Website: www.parlano.com
- Total disclosed funding: $4.5M
- Latest round: Series B (Oct 7, 2004)
- Investors on record: 2

## About

Parlano, Inc. provides advanced communication solutions that enhance operational efficiency and collaboration within organizations, enabling seamless internal communication and workflow management across various sectors.Founded in 2000 and headquartered in Chicago, US, Parlano, Inc. specializes in communication tools designed for operational efficiency. The company has undergone strategic changes to focus on enhancing internal communication and workflow management. In August 2007, it secured a Series B funding round of USD 4.50 mn led by Longworth Venture Partners, bringing its total amount raised to USD 4.50 mn. The firm has completed 4 deals to date, with the most recent deal occurring on August 30, 2007.Parlano.com specializes in delivering advanced communication solutions designed to enhance operational efficiency and collaboration within organizations. Their core product offerings include a robust suite of tools aimed at streamlining internal communication and improving workflow management. These solutions empower teams to facilitate real-time discussions, share critical information, and coordinate tasks seamlessly, addressing challenges such as information silos and communication breakdowns. The company’s clientele spans various sectors, including technology, healthcare, and finance, which utilize these services to foster better collaboration among employees and improve overall productivity. Their products are marketed primarily in North America, Europe, and parts of Asia, catering to a diverse array of end-users ranging from small businesses to large enterprises.The revenue model for Parlano.com is structured around a subscription-based framework, allowing clients to access their suite of communication tools on a recurring basis. Clients typically enter into annual contracts that provide them with ongoing access to the latest features and updates. The pricing structure is tiered, with various plans available that cater to different organizational needs, which may include premium support and additional functionality for larger teams. Key services, including flagship offerings, are integrated into these subscription plans, ensuring clients receive comprehensive communication solutions. This transactional model emphasizes long-term partnerships, ensuring a steady revenue stream as organizations rely on Parlano.com for their essential communication needs.Following the acquisition by Microsoft in August 2007, Parlano, Inc. is focused on leveraging Microsoft's infrastructure to enhance its product offerings. The company plans to introduce new features designed to improve user experience, with specific rollout dates yet to be announced. Additionally, expansion into new markets, particularly in Asia and Europe, is aimed for completion by late 2008, capitalizing on the growing demand for streamlined communication solutions in these regions. The recent funding will be utilized to accelerate product development and market expansion efforts.

## Funding rounds

- Series B, Oct 7, 2004, $4.5M — Oak Investment Partners, Longworth Venture Partners

## Investors

- Oak Investment Partners (https://capitalatlas.ai/funds/oak-investment-partners) — Series B
- Longworth Venture Partners (https://capitalatlas.ai/funds/longworth-venture-partners) — Series B