ParAccel Picked up by Actian

Actian, a Big Data company based in Redwood City, CA, has acquired VC-backed ParAccel. ParAccel, based in Campbell, CA, is an analytics platform provider that serves Fortune 1000 clients in digital media, retail, financial services, healthcare and government end markets. The company had received several rounds of funding going back to 2007 from the likes of Amazon.com, Menlo Ventures and Mohr Davidow Ventures, among others. Actian is a portfolio company of private equity firm Garnett & Helfrich Capital.

View details

News & Analysis

Related content