Funding
Parallel Web Systems Hits $2B Valuation in Series B
Parallel Web Systems, founded by ex-Twitter CEO Parag Agrawal, raised $100 million in Series B funding at a $2 billion valuation. Sequoia led the round, with participation from Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital, and Terrain Capital. This follows a $100 million Series A five months ago at $740 million valuation, bringing total funding to $230 million.
Apr 293 minNeura News