Social Media Platform Parler Completes Acquisition of Cloud Infrastructure Company After Securing $16M in Funding
Parler, the leading viewpoint-neutral, free speech social media platform, today announced that it has secured $16M in Series B funding, for a total of $56 million in funding to date. The new capital will fuel Parler’s vision to leapfrog the industry by building the world’s premier free speech technology infrastructure and platform. With today’s funding news, 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.
In addition to the company’s funding and acquisition news, Parler is also announcing that it has restructured into Parlement Technologies, Inc., and will operate a diversified yet cohesive portfolio of technology and platforms to power the future of free speech. Dynascale Inc. will anchor the company’s infrastructure division and Parler, its social media division.
“We are entering a new era as Parlement Technologies, one that goes far beyond the boundaries of a free speech social media platform,” said Parlement Technologies CEO George Farmer. “Beginning today, we are building a new company that powers vital functions across business touch points from front-of-house customer viewpoints to back-of-house web infrastructure. We believe that Parlement Technologies will power the future. And the future is uncancelable.”
