Remote Collaboration Platform Parabol Raises $8M In Series A Funding Round Led By Microsoft's M12 News provided by Share this article
Parabol, a leading Agile meeting platform, secured a Series A investment of $8 million led by M12, Microsoft's venture fund, with continued participation from CRV, Haystack, Techstars, and others. The announcement comes on the heels of Parabol's latest milestone of registering 100,000 users across more than 3,000 companies worldwide to help them make their meetings more efficient and effective. This includes members of the United States Airforce, which awarded Parabol a $1.47 million contract via the Defense Department's small business innovation research program, to bring Parabol's Agile meeting platform to the U.S. military.