Parallel Wireless Revenue and Competitors

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Nashua, NH USA

Location

$8.8M

Total Funding

Wireless

Industry

Estimated Revenue & Valuation

  • Parallel Wireless's estimated annual revenue is currently $451.5M per year.(i)
  • Parallel Wireless received $1.8M in venture funding in February 2016.
  • Parallel Wireless's estimated revenue per employee is $500,500
  • Parallel Wireless's total funding is $8.8M.

Employee Data

  • Parallel Wireless has 902 Employees.(i)
  • Parallel Wireless grew their employee count by 30% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$56.6M147-5%N/AN/A
#2
$451.5M90230%$8.8MN/A
#3
$11.5M432%N/AN/A

Parallel Wireless is reimagining the wireless infrastructure market, enabling carriers to deploy any G (2G 3G 4G) cellular networks as easy and as cost-effective as enterprise Wi-Fi whether for rural, enterprise, public safety, M2M, Smart Cities, or dense urban. Currently, the company is in production deployment or in trials with major leading operators on six continents. Parallel Wireless innovation and excellence in multi-technology virtualized solutions has been recognized with 27 industry awards. Parallel Wireless, Inc. is headquartered out of Nashua, NH with research center in Pune and Bangalore, India, and has sales offices across the globe. For more information, please visit www.parallelwireless.com

keywords:Hardware,Hardware Peripherals

$8.8M

Total Funding

902

Number of Employees

$451.5M

Revenue (est)

30%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Parallel Wireless News

2022-04-17 - Parallel Wireless partners with Brazilian carriers for O-RAN trial

U.S.-based Open RAN company Parallel Wireless said it is partnering with Inatel, Telecom Infra Project (TIP), Brisanet, Claro, TIM,...

2022-04-17 - Parallel Wireless launches Open RAN pilot in Brazil with local partners

Parallel Wireless will provide an Open RAN network enabling All Gs (2G, 3G, 4G and 5G) utilising Band 7 for the trial.

2022-04-13 - Parallel Wireless Partners with Inatel, Telecom Infra Project (TIP ...

Parallel Wireless Partners with Inatel, Telecom Infra Project (TIP), Brisanet, Claro, TIM, and Vivo to Conduct Open RAN Field Trial in...

2021-09-16 - Parallel Wireless Expands U.S. Headquarters and Research and Development Center to Extend 4G and 5G Open RAN Development and Testing

NASHUA, N.H., Sept. 16, 2021 /PRNewswire/ -- Parallel Wireless, Inc., the U.S.-based Open RAN company delivering the world's leading All G, cloud-native, Open RAN solution, is expanding our Open RAN Research and Development Centers and company headquarters in the U.S. to support 4G and 5G soft ...

2021-09-16 - Parallel Wireless aims to double employee base by end of 2022

The open Radio Access Network (RAN) movement is sweeping over the wireless world and Parallel Wireless is one vendor that’s staffing up. This week, the company, which was founded in 2012, announced it’s expanding its open RAN research and development centers around the globe, as well as adding ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$450.7M91212%N/A
#2
$410.9M108710%N/A
#3
$476.5M2499-8%$395M

Parallel Wireless Funding

DateAmountRoundLead InvestorsReference
2016-02-29$1.8MUndisclosedArticle