Tech Company Financing Transactions

ParAccel Funding Round

ParAccel closed a $20 million Series B funding round on 12/4/2007. Investors included Bay Partners, Mohr Davidow Ventures and WRV Capital.

Transaction Overview

Company Name
Announced On
12/4/2007
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors

Bay Partners (Atul Kapadia)

Mohr Davidow Ventures (James Smith)

WRV Capital (Mary Coleman)

Proceeds Purpose
The funds will be used to expand engineering, sales and support capabilities in order to manage increasing growth heightened by ParAccel's recent product launch.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
9920 Pacific Heights Blvd. 450
San Diego, CA 92121
USA
Email Address
Overview
The company develops data warehousing software for use by enterprises and other data-intensive organizations.
Profile
ParAccel LinkedIn Company Profile
Social Media
ParAccel Company Twitter Account
Company News
ParAccel News
Facebook
ParAccel on Facebook
YouTube
ParAccel on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Charles Berger
  Charles Berger LinkedIn Profile  Charles Berger Twitter Account  Charles Berger News  Charles Berger on Facebook
Chief Information Officer
Mike Torgersen
  Mike Torgersen LinkedIn Profile  Mike Torgersen Twitter Account  Mike Torgersen News  Mike Torgersen on Facebook
Chief Operating Officer
Paul Zolfaghari
  Paul Zolfaghari LinkedIn Profile  Paul Zolfaghari Twitter Account  Paul Zolfaghari News  Paul Zolfaghari on Facebook
Chief Technical Officer
Barry Zane
  Barry Zane LinkedIn Profile  Barry Zane Twitter Account  Barry Zane News  Barry Zane on Facebook
Controller
Dean Mayer
  Dean Mayer LinkedIn Profile  Dean Mayer Twitter Account  Dean Mayer News  Dean Mayer on Facebook
VP - Customer Service
Rick Glick
  Rick Glick LinkedIn Profile  Rick Glick Twitter Account  Rick Glick News  Rick Glick on Facebook
VP - Engineering
Alok Srivastava
  Alok Srivastava LinkedIn Profile  Alok Srivastava Twitter Account  Alok Srivastava News  Alok Srivastava on Facebook
VP - Marketing
Rich Ghiossi
  Rich Ghiossi LinkedIn Profile  Rich Ghiossi Twitter Account  Rich Ghiossi News  Rich Ghiossi on Facebook
VP - Operations
Dave Kloc
  Dave Kloc LinkedIn Profile  Dave Kloc Twitter Account  Dave Kloc News  Dave Kloc on Facebook


 

 

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Prev: 12/4/2007: Adomo venture capital transaction
Next: 12/4/2007: Mitralign venture capital transaction

 

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