Parallel Technologies

Parallel Technologies is a provider of data center and building infrastructure technology solutions to commercial, enterprise and government sectors. Read more

4 Followers on Owler
4 Followers on Owler
4 Followers on Owler
4 Followers on Owler

Parallel Technologies

Parallel Technologies is a provider of data center and building infrastructure technology solutions to commercial, enterprise and government sectors. Read more

Dale Klein's photo - President & CEO of Parallel Technologies

President & CEO

Dale Klein

CEO Approval Rating

71/100

Founded:

1983

Status:

PrivateIndependent Company

Est. Annual Revenue
Est. Employees
Sector

Update Industry

Weigh-in!

Help the Owler community know more

Growth Score - 1/1

Is 104 a good estimate for Parallel Technologies's Employee count?

Parallel Technologies Acquisitions

No recent acquisitions found related to Parallel Technologies

Parallel Technologies Funding History

Since Parallel Technologies was founded in 1983, it has participated in 2 rounds of funding. In total Parallel Technologies has raised $4.0M. Parallel Technologies' last funding round was on Apr 2020 for a total of $2.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$2M - $5M

U.S. Small Business Administration.

Debt - PPP (CARES Act)
Apr 2020
$2M - $5M

U.S. Small Business Administration.

Since Parallel Technologies was founded in 1983, it has participated in 2 rounds of funding. In total Parallel Technologies has raised $4.0M. Parallel Technologies' last funding round was on Apr 2020 for a total of $2.0M

Parallel Technologies Investments

No recent investments found related to Parallel Technologies

Parallel Technologies News

June 19, 2017TECHdotMN

Minneapolis' Parallel Technologies Buys Omaha M2M Firm BSS

Via News Release "MINNEAPOLIS - June 19, 2017 - Parallel Technologies, an industry-leading reliable d... See more »
June 19, 2017ITbriefing.net

Parallel Technologies Acquires Building Systems Solutions

Parallel Technologies, an industry-leading reliable data center and intelligent building solutions co... See more »
December 20, 2015Minneapolis / St. Paul Business Journal

Joe Reger joined as Sales Director at Parallel Technologies

October 16, 2014SYS-CON MEDIA

Parallel Technologies to Design and Build Cologix's Enterprise Grade Data Center in Minneapolis

EDEN PRAIRIE, Minn., Oct. 16, 2014 /PRNewswire/ -- Parallel Technologies, a data center and infrastru... See more »

Parallel Technologies Blogs

December 11, 2020Parallel Technologies Blog

Building Automation Solutions: Six Pain Points Facility Managers Struggle With and How to Solve Them

Facility managers have tough jobs. We know this from experience, as we’ve been involved in building a... See more »
December 11, 2020Parallel Technologies Blog

Physical Security Solutions for Businesses: How To Avoid Security Threats To Your Building and Organization

Organizations and business, just like yours, are facing a multitude of threats in their work environm... See more »
November 22, 2020Parallel Technologies Blog

Vaping Solution: How To Overcome Vaping Challenges, Once and For All

Here’s what we know about vaping: it’s bad for the health of your students, staff, and employees. We’... See more »
November 19, 2020Parallel Technologies Blog

Thermal Imaging Solutions: Protect your organization and business by detecting elevated body temperatures

Your people are the number one asset inside your school, municipality, and business. So why not do al... See more »
June 19, 2020Parallel Technologies Blog

Preparing Your Building For The Return To Work

Airborne viruses are present in your building, understanding and adjusting air movement in your HVAC ... See more »
June 9, 2020Parallel Technologies Blog

Separating the Wheat and the Chaff of Elevated Temperature Monitoring

Since the outbreak of SARS, and more recently COVID 19, there has been a large spike in the numbers o... See more »
April 17, 2020Parallel Technologies Blog

Vaping Solutions Webinar for Educators

Missed the Webinar on Vaping Solutions for Educators? See below for a complete recording of the event... See more »

Parallel Technologies Press Releases

Social Media

Parallel Technologies Headquarters

7667 Equitable Dr

Eden Prairie, Minnesota55344

800.899.1652

Driving Directions »

Trending Companies

Parallel Technologies Summary

ABOUT

Overview

Parallel Technologies is a provider of data center and building infrastructure technology solutions to commercial, enterprise and government sectors. Parallel Technologies was founded in 1983. Parallel Technologies' headquarters is located in Eden Pra...

CEO

Parallel Technologies's President & CEO, Dale Klein, currently has an approval rating of 71%. Parallel Technologies's primary competitors are

Website

ptnet.com

Frequently Asked Questions about Parallel Technologies

  1. When was Parallel Technologies founded?

    Parallel Technologies was founded in 1983
  2. Who is Parallel Technologies's CEO?

    Parallel Technologies's CEO is Dale Klein
  3. How much revenue does Parallel Technologies generate?

    Parallel Technologies generates $42.7M in revenue
  1. How much funding does Parallel Technologies have?

    Parallel Technologies has historically raised $4M in funding
  2. Where is Parallel Technologies's headquarters?

    Parallel Technologies's headquarters is in Eden Prairie Minnesota, USA
  3. How many employees does Parallel Technologies have?

    Parallel Technologies has 104 employees