Fenwick & West Represents ParAccel in $20M Series E Financing

May 09, 2012

Fenwick & West LLP represented ParAccel, Inc., an analytic database surrounded by extensibility and integration technology as a foundation for running big data analytics, in its recently announced investment of $20 million in a Series E financing from existing investors including Menlo Ventures, Mohr Davidow Ventures, Tao Ventures, Silicon Valley Bank, Bay Partners and PacVen Walden Ventures. The company will use this round of funding to expand and capture the growing demand for ParAccel’s analytic platform, which helps companies gain competitive advantage through unconstrained insights into their data.

The Fenwick transaction team was led by corporate partner Mark A. Leahy and corporate associate Ryan R. Slunaker.​