Parallel Web Systems hits $2B valuation five months after its last big raise

The AI agent-tool startup founded by former Twitter CEO Parag Agrawal has raised $100 million, led by Sequoia, months after ...
Ventureburn

Parallel Web Systems Raises $100M at $2B Valuation

Parallel Web Systems raises $100M Series B at $2B valuation, led by Sequoia, to scale AI infrastructure powering web access ...
Yahoo Finance

Genpact and Parallel Web Systems Partner to Drive Tangible Efficiency from AI Systems

NEW YORK and PALO ALTO, Calif., April 8, 2026 /PRNewswire/ -- Genpact (NYSE: G), an agentic and advanced technology solutions company recognized for its deep industry knowledge, process intelligence, ...

Parallel Raises at $2 Billion Valuation to Scale Web Infrastructure for Agents

Parallel Web Systems, the infrastructure powering how AI agents access and use the open web, today announced that it has raised a $100 million Series B round at a $2 billion valuation, led by Sequoia ...
Benzinga.com

Parallel Systems Gets $4 MIllion Grant From DOE

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Parallel Systems, a Culver City, California-based company ...
BW Businessworld

Parag Agrawal-founded Parallel Web Systems Secures $100 Mn In Series A Funding

As part of the deal, Kleiner Perkins partner Mamoon Hamid will join Parallel’s board, alongside Vinod Khosla, Shardul Shah ...
Los Angeles Business Journal

Parallel Systems Raises $50 Million in Series A

Parallel's rail cars do not need a locomotive — they are individually powered. Parallel Systems, an electric rail vehicle maker founded by three SpaceX veterans, picked up nearly $50 million in Series ...
Railway Age

Parallel Systems Wins $4.4MM DOE Grant

Culver City, Calif.-based Parallel Systems has been awarded a $4.4 million U.S. Department of Energy (DOE) grant to test its autonomous, battery-electric-powered railcar technology. DOE is ...