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The Boston Globe


ParElastic raises $5.7m in Series A round

ParElastic Corp., a Waltham company that helps it customers manage data in the cloud, announced Tuesday that it has raised $5.7 million in a Series A round.

The round was led by General Catalyst Partners, which has its East Coast office in Cambridge. The company’s existing investors, including Point Judith Capital, CommonAngels, and LaunchCapital, also participated, ParElastic said in a press release.

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