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Parabola Raises $8 Million to Enable Everyone to Automate Repetitive Data Tasks, No Coding Required
08/11/20, 2:06 PM
Location
san francisco
Money raised
$8 million
Industry
enterprise software
saas
software
analytics
Parabola, the company that enables everyone to automate their repetitive data tasks, today announced that it has raised $8 million in Series A funding. Matrix Partners led the round with participation from Thrive Capital, Elad Gil, additional angels as well as the company’s previous investors. Matrix General Partner Ilya Sukhar joined the company’s board of directors. Funds will be used to hire engineering and design talent to accelerate product development and incorporate new integrations that will make the platform even more powerful for its tens of thousands of users
Company Info
Location
san francisco, california, united states
Additional Info
Parabola is transforming the way companies operate by empowering non-technical teams to automate complex data processes with ease. With powerful collaboration and documentation capabilities, users leverage Parabola’s drag-and-drop interface to access, manipulate, and act on their data, regardless of where it lives. By empowering teams to solve the problems they’re already experts on, Parabola helps businesses of all shapes and sizes improve operations, drive revenue, and ultimately operate with excellence.
Parabola is proud to serve companies like Flexport, Sonos, Uber Freight and Durex and is backed by OpenView Partners, Matrix Partners, Thrive Capital and many other amazing investors.
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