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back to article Storage shop ParaScale shrinks itself

Cloud file storage supplier ParaScale has failed to raise funds in a B-round and is having to cut costs and conserve its dwindling cash. The company has cancelled its external PR contract and an unspecified number of people are to leave the company. This includes Marketing and Business Development VP Jack Norris, who was just …

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FAIL

"but the company was not immediately able to respond"

Says it all really.

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