Category Archives: CommonAngels

Why ParElastic Could Raise $5.7 Million

ParElastic Corporation has raised $5.7M in a Series A round financing led by General Catalyst Partners.  The company’s existing investors including Point Judith Capital, CommonAngels and LaunchCapital also participated in the round. The Series A brings ParElastic’s total financing to $8.7M. The ParElastic Database Virtualization Engine “dramatically increases the flexibility of your current relational database, improving performance and reliability while reducing storage and processing costs.”

Read more, watch a video, download a white paper here.