Thursday, May 17, 2018

Parsable Picks Up $40M For Industrial Collaboration Software

San Francisco-based Parsable, a developer of collaboration and work management software for industrial firms, has raised $40M in a funding round, the company said this week. The Series C funding was led by Future Fund, and also included Lightspeed Ventures, AIrbus, Saudi Aramco Energy Ventures, and B37 Ventures. The company says it has now raised $68M in total. The company's other investors include Andreessen Horowitz, GV (formerly Google Ventures), KPCB, Schlumberger, and others. The company's CEO is Lawrence Whittle.