Last deal

$8.84M

Amount

Debt Financing

Stage

25.02.2016

Date

2

all rounds

$8.84M

Total amount

date founded

Financing round

General

About Company
Parallel Wireless is a provider of a cellular network that addresses the challenges of heterogeneous networks and 5G.

Industry

Sector :

Subsector :

Also Known As

Parallel

founded date

01.01.2012

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The company offers software-enabled network solutions to deploy LTE networks more quickly, as well as edge cellular base station solutions that support various generations of wireless technology. Their technology has applications in areas such as e-learning, digital health, IoT, autonomous driving, and robotics. Parallel Wireless has become a leader in Open RAN wireless networks and has a global presence with offices and labs in multiple locations. Their ALL G O-RAN platform provides an open, secure, and intelligent RAN architecture for wireless connectivity, and they have built an ecosystem that offers flexible and scalable hardware and software solutions. They also provide software-defined solutions to replace legacy systems and help operators optimize resource pooling and network management. Additionally, Parallel Wireless offers a converged network intelligence platform and collaborates with partners to deliver wireless infrastructure at a lower cost, aiming to increase access to 5G.
Contacts
Legal Names

Legal name

Parallel Wireless, Inc.
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Financials

Funding Rounds
2
2

Number of Funding Rounds

$8.84M

Money Raised

Their latest funding was raised on 25.02.2016. Their latest investor First Star Ventures. Their latest round Debt Financing

Date 
Funding Round 
Investors 
Money Raised 
Lead 
25.02.2016
1
$8.84M
01.01.2014
1
Co-Investors
Investors
2
0

Number of lead investors

2

Number of investors

Investor 
Lead 
Round 
Partners 
No
Debt Financing
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count Of Investments

42

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DN Capital

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Subsector

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count Of Investments

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count Of Exists

45

People

Founders
4
Rajesh Mishra
Rajesh Mishra

Rajesh Mishra

Rajesh is a visionary who led two telecom revolutions, First with VoIP/IMS then more recently started Parallel Wireless to revolutionize OpenRAN. Rajesh is now set to revolutionize the 5G world with A5G Networks. Rajesh holds well over 100 patents (pending/ granted).

current job

A5G Networks, Inc.
A5G Networks, Inc.

organization founded

2

Rajesh Mishra

Kaitki Agarwal
Kaitki Agarwal

Kaitki Agarwal

I am a result-oriented technology executive with extensive leadership and management experience in wireless, wire line and cable industries. Proven track record in establishing global operations, building and leading high-performance, geographically distributed teams and managing the products from conceptualization stage to evolving products to market leadership. I built an open, transparent and innovative culture and motivated people to excel. I have lead product and solution architecture and align the product with the latest technology and trends. I have been driving cloud native transformation for the product as an influencer and thought leader. I drive vision, strategy and Innovation to achieve business goals. I am customer focused with significant business development experience.

current job

A5G Networks, Inc.
A5G Networks, Inc.

organization founded

2

Kaitki Agarwal

Steve Papa
Steve Papa

Steve Papa

Founder and CEO of Endeca building it until it was Oracle's 6th largest acquisition ever on announcement in 2011. Prior to its acquisition, Endeca had achieved $750M in cumulative worldwide revenue and pioneered Guided Navigation, one of the leading search innovations of the decade and now an industry standard. Before founding Endeca, Steve was part of the original team creating Akamai; a member of the early team at Inktomi in charge of creating the company's infrastructure caching business; a product manager at Teradata; and a venture associate at Venrock.

current job

Reflektion
Reflektion

organization founded

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Steve Papa

Sridhar Donepudi

current job

Parallel Wireless
Parallel Wireless

organization founded

1

Sridhar Donepudi

Employee Profiles
49

John Leonard

Chief information officer

Prakash Khaitan

Senior architect and lead architect - access technologies

Ron Faucher

Director of customer support

Mary Peacock

Vice president productivity and continuous improvement

Michelle Shelton

Digital and social media marketing manager

Hritesh Yadav

Technical lead

Gaurav Kandpal

Technical lead

Mathew Peak

Test and automation technical lead

Activity

Recent News
15
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month