ParAccel Eyes Hires with New Funds

Campbell, Calif.-based analytic database provider ParAccel is looking to expand its sales and marketing staff this year, primarily to support growing demand in the financial services sector, after obtaining a new round of funding last week.

The vendor currently employs around 90 staff, and expects to double or triple its sales and marketing team by the end of 2011 as well as growing its engineering team, to support its target of a 400 percent increase in revenues this year over $5 million in

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