Parabol Raises $8M In Series A Funding
Parabol, a Los Angeles, CA-based Agile meeting platform, secured an $8m Series A funding. The company intends to use the funds to expand its business reach and add new enterprise features. Founded in August 2015 by CEO Jordan Husney, Parabol provides a remote collaboration platform for remote and hybrid teams to conduct structured meetings essential to Agile teamwork, such as retrospectives and daily stand-ups. Parabol integrates with applications such as Slack, Jira, and GitHub, and automatically captures and summarizes the meeting output for all participants. The platform recently launched a new Planning Poker feature, which facilitates project estimation with an interface that integrates with popular project management tools like Jira.