The AI agent-tool startup founded by former Twitter CEO Parag Agrawal has raised $100 million, led by Sequoia, months after raising a previous $100 million.
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Parallel's Deep Research API already handles millions of requests daily, ranging from document discovery to code debugging and workflow automation. According to Entrepreneur, the system integrates ...
Parallel Web Systems raises $100M Series B at $2B valuation, led by Sequoia, to scale AI infrastructure powering web access for agents.
Parallel Web Systems raised $100 million in Series B funding to continue building web search for AI agents.
Parag Agrawal, former Twitter CEO, is back with Parallel Web Systems Inc., an AI startup focused on enhancing web intelligence for AI applications. Based in Palo Alto, the company has secured Rs 260 ...
Agrawal said its enterprise customers use Parallel to power AI agents that write software code. AI startup Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised $100 million to ...
In early April 2026, Genpact and Parallel Web Systems announced a partnership to integrate Parallel's AI-native web agents and search APIs into Genpact's enterprise AI architecture, aiming to enhance ...
Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has secured $100 million in a Series B funding round led ...
Agrawal said the company plans to deploy the fresh capital to expand its sales and marketing teams, while continuing to invest in research and development and target enterprise customers.
As part of the deal, Kleiner Perkins partner Mamoon Hamid will join Parallel’s board, alongside Vinod Khosla, Shardul Shah and Josh Kopelman ...
Integrating Parallel's API helps Genpact automate and improve research workflows in insurance and sales NEW YORK and PALO ALTO, Calif., April 8, 2026 /PRNewswire/ -- Genpact (NYSE: G), an agentic and ...