Acquiring Company
Parabolic Technologies, Inc.
Acquired Company
OpenReel
Bainbridge IslandNew YorkInformation TechnologyFinancial ServicesSoftwareAdvertisingEventsEducationFinanceFintechMarketingCorporate TrainingVideoDescription
Banzai International, Inc. has successfully closed its acquisition of OpenReel, a leading digital video creation platform. Additionally, the company announced that it plans to exceed the top end of its previously disclosed revenue guidance of $10.0 million in FY 2024. The acquisition is part of Banzai's vision to build an AI-powered marketing technology platform and to drive customer growth by offering new solutions to existing customers, creating long-term value for shareholders.
Quick answer
Parabolic Technologies, Inc. is acquiring OpenReel, announced December 19, 2024. Parabolic Technologies, Inc. is based in Bainbridge Island, Washington, United States.
- How much did Parabolic Technologies, Inc. pay for OpenReel?
- The deal value was not disclosed.
- What does Parabolic Technologies, Inc. do?
- Leverage Banzai's solutions to transform your target ICP into engaged, brand-aware prospects.
- Where are Parabolic Technologies, Inc. and OpenReel based?
- Parabolic Technologies, Inc. is based in Bainbridge Island, Washington, United States. OpenReel is based in New York, New York, United States.
- Who are the decision-makers at Parabolic Technologies, Inc?
- Fundz holds 5 contacts at Parabolic Technologies, Inc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Advertising
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Abrigo completes acquisition of Integrated Financial Solutions, Inc. to expand automation for equipment leasing (January 23, 2025)
- Visa invests in Moniepoint to drive SMB growth in Africa (January 23, 2025)
- Circle acquires Hashnote, a $1.3B tokenized RWA firm, to integrate USYC with USDC, $1.3B (January 21, 2025)
- iCapital to Acquire Parallel Markets to Streamline Digital Identity, Investment Onboarding, and Compliance Verification (January 16, 2025)
- SEI completes acquisition of LifeYield to provide real-time UMH and tax capabilities (December 11, 2024)
- Regnology completes acquisition of VERMEG’s RegTech Division – AGILE (November 25, 2024)
Who to call at Parabolic Technologies, Inc., and when
When Parabolic Technologies, Inc. changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Parabolic Technologies, Inc. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Parabolic Technologies, Inc., from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Parabolic Technologies, Inc.. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Parabolic Technologies, Inc. makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired OpenReel?
OpenReel was acquired by Parabolic Technologies, Inc., based in Bainbridge Island. The deal was reported on December 19, 2024. Leverage Banzai's solutions to transform your target ICP into engaged, brand-aware prospects. Learn more about Reach and Demio today. Parabolic Technologies, Inc. is publicly traded (PARA) and operates in Information Technology.
When did Parabolic Technologies, Inc. acquire OpenReel?
Parabolic Technologies, Inc.'s acquisition of OpenReel was reported on December 19, 2024. Banzai International, Inc. has successfully closed its acquisition of OpenReel, a leading digital video creation platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does OpenReel do?
OpenReel™ is the leading Remote Video Creation™ platform that empowers enterprises, consumer brands, media companies, and agencies to direct and film professional quality video content from over 125 countries. It is privately held, operating in Video, and is based in New York.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.