Who founded Parallel Wireless?

Parallel Wireless was founded by Sridhar, Kaitki, Steve Papa, Rajesh Mishra in 2012.

Who are Parallel Wireless's investors?

Parallel Wireless's investors include DN Capital, First Star Ventures, Floodgate, G Squared, SIP Global Partners, EchoVC Partners.

How much funding has Parallel Wireless raised?

Parallel Wireless has disclosed $8.8M raised across 1 round.

Where is Parallel Wireless headquartered?

Parallel Wireless is headquartered in Boston, US.

Parallel Wireless

Boston, US · Founded 2012 · Delaware corporation · 6 known investors

parallelwireless.com ↗

Parallel Wireless develops open radio access network (RAN) software and solutions for telecommunications operators. The company provides cost-effective, resilient LTE and 5G network architecture for wireless communications.

Cloud ComputingDeep TechEnterprise SoftwareHardware

Founders & leadership

Parallel Wireless was founded in 2012 by Sridhar, Kaitki, Steve Papa, and Rajesh Mishra.

SridharCo-founder

KaitkiCo-founder, Chief Product Officer

Steve PapaCo-founder

Rajesh MishraCo-founder

Investors · 6

DN CapitalLondon · $100K – $22M

First Star VenturesCambridge · $100K – $1M

FloodgateMenlo Park · $500K – $5M

G SquaredChicago

SIP Global PartnersPortsmouth

EchoVC PartnersreportedLagos · $100K – $5M

Reported raises · per SEC filings

Form D private placements

$8.8M disclosed across 1 round · 2016

▶$8.8MraisedFeb 2017 · 27 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Steve PapaExecutive Officer, Director
Rajesh MishraExecutive Officer, Director

Offering amount: $50M
Amount sold: $8.8M
First sale: Feb 2016
Incorporated: Corporation, Delaware, 2012
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap

Celona33 shared keywordsCelona provides a turnkey wireless solution for enterprise customers with Series C funding exceeding $135M to support global expansion.

AlienVault27 shared keywordsAT&T is a telecommunications provider offering wireless mobile plans, smartphones, and related connectivity services to consumers. It sells devices such as the Samsung Galaxy line alongside mobile phone plans and switching offers.

Companies competing with Parallel Wireless for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken

Agency	Phase	Year	Amount
U.S. Air ForceAir Force	Phase I	2019	$49.7K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Parallel Wireless do?: Parallel Wireless develops open radio access network (RAN) software and solutions for telecommunications operators. The company provides cost-effective, resilient LTE and 5G network architecture for wireless communications.
Who founded Parallel Wireless?: Parallel Wireless was founded by Sridhar, Kaitki, Steve Papa, Rajesh Mishra in 2012.
Who are Parallel Wireless's investors?: Parallel Wireless's investors include DN Capital, First Star Ventures, Floodgate, G Squared, SIP Global Partners, EchoVC Partners.
How much funding has Parallel Wireless raised?: Parallel Wireless has disclosed $8.8M raised across 1 round.
Where is Parallel Wireless headquartered?: Parallel Wireless is headquartered in Boston, US.