Parallel Wireless
PrivateLast Round
Grant
Nov 28, 2023
Total Funding Raised
$35.92M
Company Overview
Parallel Wireless is a telecommunications company that provides an open and cloud-native radio access network (Open RAN) software platform designed to support 2G, 3G, 4G, and 5G mobile networks.
Sector
Telecommunications & Networking
Verticals
5G Infrastructure, Wireless Infrastructure, Software-Defined Networking, Network Virtualization, Private Networks
Business Model
B2B
Customer Profile
Hardware Sales, Services & Consulting, Government Contracts, Hardware + Subscription
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Parallel Wireless Comparables
Compare Parallel Wireless with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Airspan Networks | 86% | |
| JMA Wireless | 84% | |
| Ericsson | 78% |
Parallel Wireless Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Nov 28, 2023 | ||||
| Grant | Sep 1, 2023 | ||||
| Debt | Apr 14, 2020 | ||||
| Series B | Jan 23, 2018 | ||||
| Debt | Feb 23, 2017 | ||||
Series A | Jul 21, 2015 |
Key People
Founding team and executive leadership
Parallel Wireless Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Wisconsin Economic Development Corporation | Series B |
| DN Capital | Series B, Series A |
| National Telecommunications and Information Administration | Grant |
| Raging Capital Management | Seed |
| Western Technology Investment | Debt |
| EchoVC Partners | Series B, Series A |
| Building Digital UK | Grant |
Market signals
Structured signals derived from secondary market and firmographic data.
- Nov 28, 2023
$2M grant from National Telecommunications and Information Administration
- Sep 1, 2023
Secured $4M from Building Digital UK.
Parallel Wireless Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Request accessFrequently Asked Questions
Common questions about Parallel Wireless's valuation, stock price, and market status.
Is Parallel Wireless a public or private company?
Parallel Wireless is a private company.
What is the current stock price of Parallel Wireless?
Parallel Wireless is a private company with no public stock price. No recent secondary market data is available.
How much is Parallel Wireless worth (valuation)?
Valuation information for Parallel Wireless is not publicly available.
Can I buy Parallel Wireless stock?
Parallel Wireless shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Parallel Wireless's last funding round?
Parallel Wireless's most recent funding round was Grant on November 28, 2023.
Who are the main investors in Parallel Wireless?
Key investors in Parallel Wireless include Wisconsin Economic Development Corporation, DN Capital, National Telecommunications and Information Administration, Western Technology Investment, Building Digital UK.
Will Parallel Wireless IPO soon?
No public IPO plans have been announced for Parallel Wireless.
How can I track Parallel Wireless secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Parallel Wireless's secondary market activity and sign up for updates.