In 2005, Parallels accepted its first institutional round of funding from Intel Capital, Bessemer Venture Partners, and Insight Venture Partners.
Intel Capital, Intel's strategic investment program, is one of the largest global corporate venture programs investing in the technology segment. Its mission is to make and manage financially attractive investments that support Intel's strategic objectives. For more information, visit www.intel.com/capital.
Bessemer Venture Partners carries on one of the longest-standing private venture capital operations in the country. With more than a billion dollars under management, BVP has almost a century's experience of investing in and helping to build innovative, high-growth companies. Many leading innovators, including Parametric Technology, Ciena, VeriSign, Staples, Veritas and Gartner, selected BVP as their early-stage venture partner. BVP has offices in California, Massachusetts and New York. For more information, please visit the Bessemer Venture Partners website at www.bvp.com.
Insight Venture Partners, with approximately $1.5 billion in funds under management, is the leading venture capital firm specializing in enterprise software companies. Insight invests in entrepreneurial companies developing technology-based solutions for the corporate enterprise. Headquartered in New York, Insight has taken a global approach to e-commerce investing in a market where speed, domain expertise, and the ability to execute are the foundations of success. More information on Insight is available at www.insightpartners.com.