Parabola raises $8M

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Parabola, a company that lets users automate repetitive data tasks, have raised $8 million in Series A funding. Matrix Partners led the round with participation from Thrive Capital and Elad Gil.

Matrix General Partner Ilya Sukhar has joined the company’s board of directors.

Parabola is a drag-and-drop productivity tool that runs in the browser, says the company. Parabola has a library of customizable, prebuilt components designed for e-commerce operations and marketing, according to the company.

[Image courtesy: Parabola]