Parler, a Nashville, TN-based provider of a viewpoint-neutral, free speech social media platform, raised $16M in Series B funding.
The backers were not disclosed.
The company, which has raised $56m in funding to date, intends to use the funds to expand operations and its business reach. In addition to the funding, the company is also announcing the acquisition of Irvine, CA-based private cloud company Dynascale Inc., which provides businesses around the globe with private and hybrid cloud solutions and customized managed services as an alternative to Big Tech providers.
Led by CEO George Farmer, Parler is also announcing that it has restructured into Parlement Technologies, Inc., and will operate a diversified portfolio of technology and platforms to power the future of free speech. These include free speech social media app, Parler, and technology systems, including Web3 and secure cloud services, known as DeepRedSky and Dynascale Inc. Dynascale provides companies with private and hybrid cloud solutions, disaster recovery, colocation, managed network services, custom managed services, and free transition support while offering 24/7/365 live support for all customers.
FinSMEs
19/09/2022