20 February 2018
Visit www.avoka.com

Parlano secures $4.5m in series B funding

07 October 2004  |  2550 views  |  0 cash - dollars - lots of

Parlano, a Chicago-based provider of instant messaging technology, has raised $4.5 million in a series B funding round led by new investor Longworth Venture Partners.

Current investor Oak Investment Partners also participated in the round.

As part of the deal, Peter Roberts and Bill Sheehan of Longworth will join Parlano's board of directors.

Parlano says it will use the funds to invest in expanded sales, marketing and product development operations to increase its vertical market penetration in the financial services sector, and to take expand into other industries including government, pharmaceuticals, high-tech and manufacturing.

Nick Fera, CEO, Parlano, says: "This investment will allow us to aggressively expand our distribution, marketing and channel efforts."

The vendor's enterprise instant messaging platform MindAlign is used by UBS, ANZ Bank and ABN Amro, among others.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Standard Chartered rolls out Parlano instant messaging software

Standard Chartered rolls out Parlano instant messaging software

31 August 2004  |  4229 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
Visit http://info.nice.comvisit www.ebaday.comVisit https://www.capgemini.com

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11699 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9316 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9149 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
7849 views comments | 13 tweets | 11 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7229 views comments | 19 tweets | 18 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job