Home > News > Trending news > Parler Completes $16M Series B, Acquires Private Cloud Infrastructure Company to Become Key Infrastructure Player with Major US Footprint

Application Infrastructure, Data Storage, IT Systems Management

Parler Completes $16M Series B, Acquires Private Cloud Infrastructure Company to Become Key Infrastructure Player with Major US Footprint

Parlement Technologies | September 19, 2022 | Read time : 02:50 min

Parlement Technologies
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. "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."

Parlement Technologies CEO George Farmer

Dynascale Inc., which will operate as a wholly owned subsidiary of Parlement Technologies, provides companies with best-in-class private and hybrid cloud solutions, disaster recovery, colocation, managed network services, custom managed services, and free transition support while offering 24/7/365 live support for all customers.  The company has a raised floor footprint of more than 50 thousand square feet and serves a global list of enterprise companies spanning across every business vertical. Dynascale holds SOC2 TYPE2 and HITRUST yearly compliance audits, helping companies meet their individual compliance requirements.

"We're thrilled to be joining the Parlement team, especially now as the company enters a new and exciting era of forward-thinking leadership and innovation," said Igor Shalkevich, former President of Dynascale Inc. and now Head of Business Development of Dynascale.  "Our solutions facilitate cloud maturity, and we're honored to serve as the anchor for building out what will become an entire ecosystem to secure business infrastructure and help amplify free speech platforms."

About Parlement Technologies
Parlement Technologies serves as the parent company and home of the premier free speech social media app, Parler, and leading technology systems, including Web3 and secure cloud services, known as DeepRedSky and Dynascale Inc. The company is a guiding force in the fight against Big Tech, Big Government, censorship, and cancel culture. Parlement is based in Nashville, TN, and has a growing global community of industry trailblazers, product and service providers, content creators, freethinkers, and loyal platform users.

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Pure Storage®, the IT pioneer that delivers the world's most advanced data storage technology and services, today announced that University Hospital Centre of Saint-Etienne, one of the leading university hospitals in southeast France, is leveraging its portfolio - including FlashArray™, Pure1®, and its Evergreen® architecture - to secure and accelerate access to critical data in order to improve overall patient care and business continuity. Customer Challenge: The University Hospital Centre (CHU) of Saint-Etienne is a public institution that specializes in healthcare, research, and teaching, providing a variety of patient care to people in the region, ranging from pediatrics and maternity care to heart surgery and radiation treatment. As CHU Saint-Etienne increased its data footprint, its legacy storage technologies - a mix of aging disk storage - struggled to meet growing capacity needs, taking up a great deal of space and threatening availability due to regular breakdowns. 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Snapshots, along with ActiveCluster™ active-active replication across the FlashArray systems, help to minimize the impact of cyberattacks. Pure Storage thus reinforces CHU Saint-Etienne's business continuity plan by helping to deliver greater availability. Improved Application Performance: The new Pure Storage infrastructure dramatically improves application performance for CHU Saint-Etienne, reducing latency from around 17 milliseconds to under a millisecond in most use cases. Staff and clinicians can access data faster and provide a better quality of care to patients and other users of the hospital. Executive Insight: "Moving our legacy storage environment to Pure Storage was one of the best decisions we could have made as an IT team. 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Business Wire | August 31, 2023

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prnewswire | August 18, 2023

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