- Parabol, a Los Angeles, CA-based Agile meeting platform, secured an $8m Series A funding
- The round was led by M12 with participation from CRV, Haystack, Techstars, and others
- The company intends to use the funds to expand its business reach and add new enterprise features
- 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 funding announcement follows the milestone of registering 100,000 users across more than 3,000 companies worldwide
