The platform is also rebranding as Parlement Technologies, as part of the purchase, setting the stage for a pivot and expansion from simply “conservative Twitter,” to conservative web services.
“We are entering a new era as Parlement Technologies, one that goes far beyond the boundaries of a free speech social media platform,” said CEO George Farmer, in a Friday announcing the merger. “We believe that Parlement Technologies will power the future. And the future is uncancelable,” he added.The company also announced it received $16 million in Series B funding, and has accrued $56 million in funds to date. Which is what enabled Parler to purchase Dynascale, and its 5o,000 square feet of server space.
Since its inception, Parler has prided itself on its hyper-lax moderation, which allows “free speech” to flourish. Parler’s app was ejected from the Apple and Google stores, and the entire site was kicked off Amazon Web Services in the aftermath of January 6, after it became clear that many of the would-be insurrectionists
A very smart business move. Saw a niche market need and provided a solution. Don't know what the competative threat will be for them, but the early arrival to market gives them the initial edge.
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