About Parallel Wireless
Parallel Wireless is a company based in Nashua (United States) founded in 2012 by Sridhar Donepudi. The company has 235 employees as of March 23, 2024. Parallel Wireless offers products and services including OpenRAN, Network Software, and Intelligence and Automation. Parallel Wireless operates in a competitive market with competitors including NEC, Mavenir, CommScope, Juniper Networks and Ericsson, among others.
- Headquarter Nashua, United States
- Employees 235 as on 23 Mar, 2024
- Founders Sridhar Donepudi
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Sectors
Telecommunications
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Email
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Phone
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Website
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Social
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- Legal Name Parallel Wireless India Private Limited
- Date of Incorporation 14 May, 2013
- Jurisdiction Haveli, Maharashtra, India
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Annual Revenue
$19.89 M (USD)-3.64as on Mar 31, 2023
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Net Profit
$1.92 M (USD)-0.33as on Mar 31, 2023
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EBITDA
$3.66 M (USD)15.99as on Mar 31, 2023
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Latest Funding Round
$814.55 K (USD), Grant
Jan 01, 2023
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Investors
European Union
& 2 more
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Employee Count
235
as on Mar 23, 2024
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Products & Services of Parallel Wireless
Parallel Wireless offers a comprehensive portfolio of products and services, including OpenRAN, Network Software, and Intelligence and Automation.
Software for interoperable wireless infrastructure deployment
Platforms for RAN and core orchestration and analytics
Software for network optimization and real-time monitoring
People of Parallel Wireless
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Software Development Team
55 people
Leadership Team
13 people
Senior Team
10 people
Sales and Marketing
8 people
Product Management Team
7 people
Lead Team
5 people
Human Resources and Administration
5 people
Office Team
4 people
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Funding Insights of Parallel Wireless
Investors in Parallel Wireless
Parallel Wireless has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, EchoVC Partners and DN Capital.
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Tech focused Stage-Agnostic VC Firm investing in Sub-Saharan Africa and North America
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Venture capital firm focused on software, fintech, marketplaces, and consumer internet
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Parallel Wireless
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Investments & Acquisitions by Parallel Wireless
Investment portfolio details for Parallel Wireless
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Financial Statements - Parallel Wireless
Detailed financials for Parallel Wireless
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Parallel Wireless Comparisons
Peer comparison for Parallel Wireless
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Competitors of Parallel Wireless
Parallel Wireless 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 NEC, Mavenir, CommScope, Juniper Networks and Ericsson, among others.
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Cloud-based IT and networking solutions are provided globally.
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Multi-access edge networking computing platform is provided for mobile services.
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Fiber-optic and wireless infrastructure products provider
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Cloud-based enterprise networking and firewall solutions are delivered.
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Telecom equipment and software solutions are provided for networks.
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IP networking, ultra-broadband access, and cloud solutions are provided.
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Detailed competitors of Parallel Wireless
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Latest news on Parallel Wireless
Complete news archive for Parallel Wireless
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Frequently Asked Questions about Parallel Wireless
Parallel Wireless was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Parallel Wireless is headquartered in Nashua, United States. It is registered at Nashua, New Hampshire, United States.
As of Mar 23, 2024, the latest employee count at Parallel Wireless is 235.
Annual revenue of Parallel Wireless is $19.89M as on Mar 31, 2023.
Founded in 2012 and headquartered in Nashua, United States, Parallel Wireless focuses on telecommunications infrastructure. Virtual gateways, small cells, cloud platforms, and open RAN solutions are developed and supplied. The HetNet gateway, constructed using SDN and NFV frameworks, virtualizes radio access networks while real-time orchestration and management of cellular setups are enabled. The Converged Wireless System is deployed as a standards-compliant small cell node under 3GPP guidelines.
Parallel Wireless offers OpenRAN, Network Software, and Intelligence and Automation.
Parallel Wireless has 3 investors. Key investors include European Union, EchoVC Partners, and DN Capital.