ParAccel - About the company
ParAccel is an acqui-hired company based in San Diego (United States), founded in 2005 by Brian Chu. It operates as a Relational Database Managment System for Business Intelligence. ParAccel has raised $89.5M in funding from Menlo Ventures and Tao Venture Partners. The company has 33 active competitors, including 13 funded and 9 that have exited. Its top competitors include companies like Transwarp, Yellowbrick Data and FireBolt.
Company Details
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. ParAccel's 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.
- Website
- paraccel.com
Key Metrics
Founded Year
2005
Location
San Diego, United States
Stage
Acqui-Hired
Total Funding
$89.5M in 5 rounds
Latest Funding Round
Investors
Ranked
17th among 33 active competitors
Employee Count
91 as on Dec 31, 2022
Legal entities associated with ParAccel
ParAccel is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ParAccel, Inc CIN: 204792835 , United States, Active | Feb 22, 2006 | - | 91 (As on Dec 31, 2022) | - |
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ParAccel's funding and investors
ParAccel has raised a total funding of $89.5M over 5 rounds. Its first funding round was on Dec 10, 2007. Its latest funding round was a Series F round on Apr 25, 2012 for $*****. 6 investors participated in its latest round. ParAccel has 7 institutional investors.
Here is the list of recent funding rounds of ParAccel:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 25, 2012 | 1845102 | Series F | 4702114 | 4004221 | 1486891 | 9395814 |
Jun 24, 2011 | 5016864 | Series E | 2186734 | 7605044 | 7982792 | |
Dec 30, 2010 | 1689448 | Series D | 9911632 | 8309762 | 6741343 | 1295671 |
View details of ParAccel's funding rounds and investors
ParAccel's founders and board of directors
Founder? Claim ProfileThe founders of ParAccel is Brian Chu.
Here are the details of ParAccel's key team members:
View details of ParAccel's Founder profiles and Board Members
ParAccel's employee count trend
ParAccel has 91 employees as of Dec 22. Here is ParAccel's employee count trend over the years:
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ParAccel's Competitors and alternates
Top competitors of ParAccel include Transwarp, Yellowbrick Data and FireBolt. Here is the list of Top 10 competitors of ParAccel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of big data infrastructure software and full data lifecycle products | $188M | 62/100 | ||
2nd | Yellowbrick Data 2014, Palo Alto (United States), Series C | Provider of data warehousing and analytics platform deployable across multiple environments | $292M | 62/100 | |
3rd | Developer of a cloud data warehouse platform for analytical workloads | $269M | 60/100 | ||
4th | Actian 2005, Redwood City (United States), Acquired | Hybrid data management platform | - | 58/100 | |
5th | Netezza 2000, Marlborough (United States), Acquired | Big data warehousing solutions provider | $73.2M | 52/100 | |
6th | Sqream 2010, New York City (United States), Series C | Developer of a GPU-native data acceleration platform for AI factories | $118M | 52/100 | |
7th | Teradata 1979, San Diego (United States), Public | Provider of data analytics, cloud solutions, and artificial intelligence services | - | 50/100 | |
8th | Provider of a platform offering analytics processing solutions | $114M | 49/100 | ||
9th | Citusdata 2011, San Francisco (United States), Acquired | Provider of distributed relational databases | $13.3M | 49/100 | |
10th | Greenplum Database 2003, Palo Alto (United States), Series D | Open source MPP datawarehouse | $121M | 46/100 | |
17th | ParAccel 2005, San Diego (United States), Acqui-Hired | Relational Database Managment System for Business Intelligence | $89.5M | 37/100 |
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ParAccel's Investments and acquisitions
ParAccel has made no investments or acquisitions yet.
Reports related to ParAccel
Here is the latest report on ParAccel's sector:
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