Los Angeles, CA – According to filings with the U.S. Securities and Exchange Commission, Parallel Systems is raising $3,800,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Matthew Soule played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Parallel Systems

Parallel Systems is designing an autonomous, zero-emissions freight transportation system. We believe the future of freight transportation should be fast, inexpensive and clean, while also reducing congestion on the highways. We design and manufacture electric vehicles and write software.

To learn more about Parallel Systems, visit http://www.moveparallel.com/

Contact:
Matthew Soule, Chief Executive Officer
310-699-1883
https://www.linkedin.com/in/msoule/

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