Parallax Inc.
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Parallax Inc. - overview
Location
Rocklin, CA, US
Primary Industry
Hardware
About
Parallax Inc. is a leading provider of educational technology and robotics products that enhance STEM learning across various educational institutions, including K-12 schools and universities. Parallax Inc. specializes in educational technology and robotics.
Founded by David Ockert and Thakashi Anthony, the company is headquartered in Rocklin, US. In 2007, Parallax was acquired by EnergySolutions, a portfolio company of Lindsay Goldberg, with undisclosed financial terms. The firm has executed one deal as of June 1, 2007. Parallax Inc.
specializes in educational technology and robotics, offering diverse products designed to enhance learning in STEM fields. Their core products include the micro:bit module for programming and electronics projects, the cyber:bot robotics platform for programming in Python and Microsoft MakeCode, and the upgraded Ping))) Ultrasonic Sensor. They serve educational institutions across North America, catering to educators, students, and hobbyists interested in robotics and programming. Parallax Inc.
generates revenue through direct sales of educational tools and kits to schools, educators, and individual consumers. The company operates a B2B direct-to-consumer model with products such as the micro:bit and cyber:bot sold directly via their website and educational distributors. They offer product bundles like the micro:bit GO Kit and the micro:bit CLUB Bundle, with pricing structured to support educational institutions and maintain consistent inventory levels. Parallax Inc.
aims to expand its product line with new educational tools and resources slated for release in upcoming years. The company plans to penetrate new markets within North America and potentially into European regions by 2025. Proceeds from the most recent deal in 2007 will help facilitate these initiatives, focusing on enhancing product development and market presence.
Current Investors
EnergySolutions, Inc.
Primary Industry
Hardware
Sub Industries
Computer & Related Peripherals
Website
www.parallax.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Parallax Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Parallax Inc. | - |
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