About ParAccel
ParAccel is a company based in San Diego (United States) founded in 2005 was acquired by Actian in April 2013.. ParAccel has raised $89.49 million across 5 funding rounds from investors including Amazon, SVB and Actian. The company has 91 employees as of December 31, 2022. ParAccel operates in a competitive market with competitors including Sqream, Yellowbrick Data, Netezza, Citusdata and AsterData, among others.
- Headquarter San Diego, United States
- Employees 91 as on 31 Dec, 2022
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Paraccel, Inc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of ParAccel
ParAccel has successfully raised a total of $89.49M across 5 strategic funding rounds. The most recent funding activity was a Series F round of $20 million completed in April 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series F — $20.0M
-
First Round
First Round
(10 Dec 2007)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2012 | Amount | Series F - ParAccel | Valuation |
investors |
|
| Jun, 2011 | Amount | Series E - ParAccel | Valuation |
investors |
|
| Dec, 2010 | Amount | Series D - ParAccel | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ParAccel
ParAccel has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Amazon, SVB and Actian. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
|
Founded Year | Domain | Location | |
|
VC firm investing mostly in the US
|
Founded Year | Domain | Location | |
|
Venture capital investments are managed in technology and healthcare sectors by this firm.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ParAccel
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ParAccel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paraccel Comparisons
Competitors of ParAccel
ParAccel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sqream, Yellowbrick Data, Netezza, Citusdata and AsterData, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
GPU-accelerated SQL databases for big data analytics are provided.
|
|
| domain | founded_year | HQ Location |
Provider of MPP analytics and data warehouse solution for hybrid cloud
|
|
| domain | founded_year | HQ Location |
Big data warehousing solutions are delivered for high-volume analytics.
|
|
| domain | founded_year | HQ Location |
Provider of distributed relational databases
|
|
| domain | founded_year | HQ Location |
Analytic database system
|
|
| domain | founded_year | HQ Location |
Provider of a platform offering analytics processing solutions
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about ParAccel
When was ParAccel founded?
ParAccel was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Where is ParAccel located?
ParAccel is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is ParAccel a funded company?
ParAccel is a funded company, having raised a total of $89.49M across 5 funding rounds to date. The company's 1st funding round was a Series D of $10.49M, raised on Dec 10, 2007.
How many employees does ParAccel have?
As of Dec 31, 2022, the latest employee count at ParAccel is 91.
What does ParAccel do?
ParAccel provides ParAccel Analytic Database (PADB), which is a parallel relational database system using a shared-nothing architecture with a columnar orientation, adaptive compression, memory-centric design. ParAccels DBMS engine is built for analytics, initially based on PostgreSQL. Clients include companies in digital media, retail, financial services, healthcare and government including Amazon, The Royal Bank of Scotland, OfficeMax and MicroStrategy.
Who are the top competitors of ParAccel?
ParAccel's top competitors include Yellowbrick Data, Sqream and Speedata.
Who are ParAccel's investors?
ParAccel has 8 investors. Key investors include Amazon, SVB, Actian, Menlo Ventures, and Bay Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.