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 ...
The American Bazaar

Former Twitter CEO Parag Agrawal’s Parallel Web Systems hits $2 billion in valuation

Parag Agrawal’s Parallel Web Systems secures $100M Series B, reaching $2B valuation, signaling rapid growth in AI ...
Hosted on MSN

Parallel Web Systems secures $100M, hits $2B valuation

Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised $100 million in Series B funding led by Sequoia Capital, lifting its valuation to $2 billion. The Palo Alto-based startup ...

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 ...
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, ...
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 ...