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 · 822 employees on LinkedIn · 6 known investors

Find your way into Parallel Wireless

611 people in our graph share verified history with the Parallel Wireless team — schools, employers, funds. One of them is your warm intro.

Deep Nisharunlockedknows Steve Papa · together at Harvard Business School (overlapped)

×7knows the team · via Harvard Business School

×2knows the team · via Parallel Wireless

knows the team · via Harvard University

knows the team · via Fuze (Whaleback Systems)

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 Computing Deep Tech Enterprise Software Hardware

Founders & leadership

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

SridharCo-founder

KaitkiCo-founder, Chief Product Officer

Steve Papa inFounder and CEOSteve Papa founded Parallel Wireless and previously founded and served as CEO of Endeca, an enterprise software company acquired by Oracle in 2011 for approximately $1.1 billion. He was part of the original team at Akamai, worked at Inktomi and Teradata, and holds an MBA from Harvard and a BS in Operations Research and Economics from Princeton University.

Rajesh Mishra inFounder, President & CTO2012–2020Rajesh Mishra is an executive and director at Parallel Wireless, which develops open radio access network software for telecommunications operators. He previously worked in VoIP/IMS technology and holds over 100 patents.

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 · 4

by search overlap

ArrowPoint61 shared keywordsCisco provides networking, data center, and security technology for enterprises, including infrastructure to run traditional and AI workloads and tools to keep organizations running against cyberattacks and outages. Its platform connects networking devices and monitors security events across corporate networks.

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

Atheros Communications29 shared keywordsWireless LAN chipsets (ATHR); acquired by Qualcomm in 2011.

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.