Parallel Wireless Overview

  • Founded

  • 2012

Founded
  • Status

  • Private

  • Employees

  • 596

Employees
  • Latest Deal Type

  • Debt - PPP

  • Latest Deal Amount

  • $3.12M

  • Investors

  • 11

Parallel Wireless General Information

Description

Provider of a cellular network designed to address the challenges presented by heterogeneous networks and the evolution to fifth-generation. The company's cellular network re-imagines the architecture of the cellular radio access network (ran), enabling wireless network businesses to coordinate and orchestrate in the ran.

Contact Information

Website
www.parallelwireless.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Wireless Communications Equipment
Other Industries
Other Communications and Networking
Business/Productivity Software
Primary Office
  • 300 Innovative Way
  • Suite 3410
  • Nashua, NH 03062
  • United States
+1 (603) 000-0000

Parallel Wireless Timeline

2020202120222023
Financing RoundCaptured Employee CountEstimated Employee Growth

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Parallel Wireless Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Debt - PPP 14-Apr-2020 $3.12M 000.00 Completed Generating Revenue
5. Later Stage VC (Series A) 27-Feb-2020 000.00 Completed Generating Revenue
4. Debt - General 31-Dec-2019 00.000 000.00 Completed Generating Revenue
3. Later Stage VC (Series A) 01-Jan-2018 00.000 000.00 00000 Completed Generating Revenue
2. Early Stage VC (Series A) 31-Dec-2013 $8M $17.7M 0000 Completed Generating Revenue
1. Seed Round $9.7M $9.7M 000.00 Completed Startup
To view Parallel Wireless’s complete valuation and funding history, request access »

Parallel Wireless Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A 00,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Seed 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
To view Parallel Wireless’s complete cap table history, request access »

Parallel Wireless Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of a cellular network designed to address the challenges presented by heterogeneous networks and the evolution
Wireless Communications Equipment
Nashua, NH
596 As of 2023
000.00
000000000 - 000.00

000000

labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitati
00000000000000000000
Tewksbury, MA
000 As of 0000
00000
00 0000-00-00
000000&0 00000

00000

fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in
00000000000000000000
Rosh Haayin, Israel
00 As of 0000
0000
00000000000 0000
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Parallel Wireless Competitors (21)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Altiostar Formerly VC-backed Tewksbury, MA 000 00000 000000&0 00000
00000 Venture Capital-Backed Rosh Haayin, Israel 00 0000 00000000000 0000
00000000 0000000 Venture Capital-Backed Philadelphia, PA 0 00.000 000000000 00.000
00000000 00000000 Formerly VC-backed Santa Clara, CA 000 00000 000000&0 00000
0000 0000000 Formerly VC-backed Andover, MA 0000 00000 000000000 00000
You’re viewing 5 of 21 competitors. Get the full list »

Parallel Wireless Patents

  • 839

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 147

    Granted

  • 94

    Pending

  • 000

    Expiring in next 12 mo

Parallel Wireless Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230163840-A1 Dynamic multipath searcher revisit rate for a wcdma receiver Pending 19-Nov-2021 0000000000
US-20230155893-A1 Optimization of e2 signaling and reducing load and complexity on enodebs/gnodebs Pending 12-Nov-2021 000000000
US-20230142986-A1 Rest client scaling over http/1.1 Pending 05-Nov-2021 000000000
US-20230127116-A1 Energy savings in cellular networks Pending 22-Oct-2021 00000000000
US-20230134224-A1 Network location service Pending 12-Oct-2021 H04W4/029
To view Parallel Wireless’s complete patent history, request access »

Parallel Wireless Executive Team (13)

Name Title Board Seat Contact Info
Steve Papa Co-Founder, Chairman and Chief Executive Officer
Baruch Navon Chief Operating Officer & President
Sean Falvey Chief Financial Officer
Ofir Ari Katzav Chief Technology Officer
Matt Rowe Chief Legal Officer
You’re viewing 5 of 13 executive team members. Get the full list »

Parallel Wireless Board Members (1)

Name Representing Role Since
Steve Papa Parallel Wireless Co-Founder, Chairman and Chief Executive Officer 000 0000
To view Parallel Wireless’s complete board members history, request access »

Parallel Wireless Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Parallel Wireless Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Aaron Rudenstine Angel (individual) Minority 000 0000 000000 0
EchoVC Partners Venture Capital Minority 000 0000 000000 0
Eghosa Omoigui Angel (individual) Minority 000 0000 000000 0
Elliott Cohen Angel (individual) Minority 000 0000 000000 0
First Star Ventures Venture Capital Minority 000 0000 000000 0
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