When was Parallel Wireless founded?

Parallel Wireless was founded in 2012 and raised its 1st funding round 4 years after it was founded.

Where is Parallel Wireless located?

Parallel Wireless is headquartered in Nashua, United States. It is registered at Nashua, New Hampshire.

Which legal entities is Parallel Wireless associated with?

Parallel Wireless is associated with PARALLEL WIRELESS INDIA PRIVATE LIMITED and 2 others.

How many employees does Parallel Wireless have?

As of Mar 31, 2026, the latest employee count at Parallel Wireless is 791.

Is Parallel Wireless a funded company?

Parallel Wireless is a funded company, having raised a total of $20M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 2016.

When was the latest funding round of Parallel Wireless?

Parallel Wireless' latest funding was a $***** Grant (prize money) round on Jan 01, 2023, with participation from 1 investor.

What is the annual revenue of Parallel Wireless?

Annual revenue of Parallel Wireless is ₹169Cr as on Mar 31, 2025.

Where does Parallel Wireless rank among its competitors?

Parallel Wireless ranks 7th amongst 101 active competitors, of which 10 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Meter, which secured $170M in Jun, 2025.

Who are the top competitors of Parallel Wireless?

Parallel Wireless' top competitors include Mavenir, Ericsson and ZTE. Among them, Meter secured the most recent funding round in June, 2025.

Parallel Wireless - 2026 Company Profile, Team, Funding & Competitors

Parallel Wireless is a series A company based in Nashua (United States), founded in 2012 by Rajesh Mishra, Kaitki Agarwal and Sridhar Donepudi. It operates as a Developer of software defined radio hardware and network management systems. Parallel Wireless has raised $20M in funding from DN Capital and EchoVC Partners. The company has 101 active competitors, including 10 funded and 26 that have exited. Its top competitors include companies like Mavenir, Ericsson and ZTE.

Company Details

Developer of software defined radio hardware and network management systems. This technology enables the deployment of wireless infrastructure across multiple generations of cellular standards. The architecture utilizes cloud native principles to facilitate network orchestration and automation. These systems support various deployment scenarios for indoor and outdoor wireless coverage and capacity requirements. The platform provides tools for monitoring and managing network performance through centralized software control.

Website: parallelwireless.com
Social
Email ID: *****@parallelwireless.com
Phone Number: +1 **********
Registered Address: Nashua, New Hampshire

Key Metrics

Founded Year

2012

Location

Nashua, United States

Stage

Series A

Total Funding

$20M in 4 rounds

Latest Funding Round

Grant (prize money), Jan 01, 2023, $*****

Investors

DN Capital & 6 more

Ranked

7^th among 101 active competitors

Annual Revenue

₹169Cr as on Mar 31, 2025

Employee Count

791 as on Mar 31, 2026

Similar Companies

Accelleran & 16 more

View Parallel Wireless' full profile

Parallel Wireless is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Parallel Wireless, Inc. CIN: 6275816 , United States, Active	Sep 08, 2021	-	-	-
PARALLEL WIRELESS, INC. CIN: 455356652 , United States, Active	Dec 26, 999	-	71 (As on Dec 31, 2024)	-
PARALLEL WIRELESS INDIA PRIVATE LIMITED CIN: U72900PN2013FTC147393 , India, Active	May 14, 2013	$20M (As on Mar 31, 2025)	255 (As on Oct 31, 2024)

Parallel Wireless has raised a total funding of $20M over 4 rounds. Its first funding round was on Mar 2016. Its latest funding round was a Grant (prize money) round on Jan 01, 2023 for $*****. 1 investor participated in its latest round. Parallel Wireless has 7 institutional investors.

Here is the list of recent funding rounds of Parallel Wireless:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2023	8586108	Grant (prize money)	6184794	5622896	3855943	5659603
2018	8885	Series A	4378	5536	1862	7022
Feb 23, 2017	7590911	Conventional Debt	8390359	7652822	8736632	6605709

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View details of Parallel Wireless's funding rounds and investors

The founders of Parallel Wireless are Rajesh Mishra, Kaitki Agarwal and Sridhar Donepudi.

Here are the details of Parallel Wireless' key team members:

Rajesh Mishra: Founder, President & CTO of Parallel Wireless and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address
Kaitki Agarwal: Founder, Chief Product Officer (Operations, Product, Engineering), Director Parallel Wireless India of Parallel Wireless and founder of 1 other company.
Sridhar Donepudi: Co-Founder of Parallel Wireless.

View details of Parallel Wireless's Founder profiles and Board Members

Parallel Wireless' employee count trend

Parallel Wireless has 791 employees as of Mar 26. Here is Parallel Wireless's employee count trend over the years:

Employee count trend for Parallel Wireless

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Top competitors of Parallel Wireless include Mavenir, Ericsson and ZTE. Here is the list of Top 10 competitors of Parallel Wireless, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mavenir 2005, Richardson (United States), Acquired	Provider of a multi-access edge networking computing platform	$105M	North Bridge Venture Partners, Alloy Ventures ... & 11 others	82/100
2nd	Ericsson 1876, Stockholm (Sweden), Public	Provider of telecom equipment and software solutions	-	Kepha Partners, Investor & 8 others	76/100
3rd	ZTE 1985, Shenzhen (China), Public	Enterprise SD WAN network management solutions provider	-	RC Investments, Nanshan Strategic Emerging Industries Investment ... Read more	73/100
4th	NEC 1899, Minato City (Japan), Acquired	Provider of cloud-based IT and networking solutions	-	NTT Group, CEPI & 1 others	69/100
5th	Connectivity Wireless Solutions 2008, Duluth (United States), Acquired	Provider of in-building and outdoor wireless connectivity solutions	$60M	Post Road Group, Axiom Bank & 5 others	67/100
6th	CommScope 1976, Richardson (United States), Acquired	Fiber-optic and wireless infrastructure products provider	-	Glen Capital, Adage Capital Management & 4 others	66/100
7th	Parallel Wireless 2012, Nashua (United States), Series A	Developer of software defined radio hardware and network management systems	$20M	G Squared, Mojo.capital & 5 others	64/100
8th	Rakuten 1997, Setagaya City (Japan), Funding Raised	Operator of internet services including e-commerce, finance, and digital content	-	Walmart, Japan Post & 1 others	64/100
9th	Accelleran 2013, Antwerp (Belgium), Series B	Provider of open ran solutions	$11.6M	Cogito Capital Partners, Capital-E & 3 others	61/100
10th	Meter 2015, San Francisco (United States), Series C	Provider of enterprise internet infrastructure, including hardware, software, and network management tools	$315M	General Catalyst, Sequoia Capital & 20 others	59/100