Deal Announcements

ParAccel Nets $20 Million New Financing

Wednesday, December 05, 2007 6:00:00 AM PDT | VentureDeal Staff

SAN DIEGO, CA -- Software company ParAccel has raised $20 million more in venture capital investment according to a report in PE Week Wire.

ParAccel develops and sells advanced data warehousing applications that allow enterprises to better understand the dynamic conditions that affect their business.

Company backers include Bay Partners, MDV-Mohr Davidow Ventures and Walden International.  Proceeds purposes from the funding were not disclosed.

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