About Parallels
Parallels is a Technology company based in Seattle (United States) founded in 1999, and was acquired by Corel in November 2018. Parallels has completed 1 acquisition, including 2X. Its website parallels.com draws about 1.5 million monthly visits. Its focus areas include Enterprise Infrastructure, Virtualization, VDI - Desktop Virtualization and Desktop as a service (DaaS). Its competitors include Workspot, CloudShare and Dizzion; 3 of its 3 listed competitors have raised funding.
Company details
Cloud based Daas platform. It provides virtualization and automation software that optimizes computing for consumers, businesses, and service providers across hardware, operating system, and virtualization platforms. It provides access software enabling remote access to computers. It includes a dashboard that provides visibility into published resources, registered users, active user sessions, and more.
- InvestorsBessemer Venture Partners
& 3 more
- Investments & Acquisitions
- Acquired byCorel
(Nov 2018)
Apps and channels of Parallels
its YouTube channel Parallels has 16.3K subscribers and 30 videos.
Videos from Parallels
The most watched videos on Parallels's YouTube channel, Parallels (16.3K subscribers). Click a video to play it here.
More on Parallels.
Funding Insights of Parallels
- Total Rounds 2
- Investors Count 3
All 2 funding rounds of Parallels with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2017 | Series B | – | Russia Partners | ||
| Jan 2013 | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Parallels
Parallels has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Corel and Cisco Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| russiapartners.com | ||||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Technology investments and expertise in networking, cloud, and security services. | 2003 | ciscoinvestments.com | San Jose, United States | |
Graphics, painting, photo, video, and office software is provided. | 1995 | corel.com | Ottawa, Canada |
Investor details for Parallels
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People of Parallels
1 people are tracked at Parallels (1 in leadership).
| Name | Role | Group |
|---|---|---|
Birger Steen | CEO / President | Leadership |
Complete people profiles for Parallels
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Parallels
Parallels has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include 2X.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Virtual desktop delivery and MDM | 2x.com | Dallas, United States | 2004 | Feb 2015 | •••• |
Complete acquisition details for Parallels
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Competitors of Parallels
Parallels has 3 listed competitors in our database, 3 of them funded. They include Workspot, CloudShare and Dizzion.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| workspot.com | 2012 | Menlo Park, United States | $75.91M | 64 | Cloud-based desktop virtualization platform | |
| cloudshare.com | 2007 | San Francisco, United States | $20M | 11 | IT company developing virtual training sand proof of concepts software for companies | |
| dizzion.com | 2011 | Denver, United States | $14.9M | 50 | Cloud-based desktop virtualization solutions are managed for secure access. |
Detailed competitors of Parallels
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Parallels
The website of Parallels (parallels.com) receives about 1.5M visits a month and ranks #31,610 among all websites worldwide, #3,952 in Programming and Developer Software.
- Monthly visits1.5M
▼ 5.4% vs previous month
- Unique visitors912K
per month
- Global rank#31,610
among all websites
- Category rank#3,952
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate42%
- Pages per visit3.4
- Average visit2 min 08 sec
- DevicesDesktop 61% · Mobile 39%
Websites whose visitors overlap most with Parallels. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| vmware.com | 100% | 2M | #30,243 | View details | |
codeweavers.com | codeweavers.com | 97% | #56,566 | – | |
macwindows.com | macwindows.com | 83% | – | ||
bestmacsoftware.org | bestmacsoftware.org | 79% | – | ||
pietschsoft.com | pietschsoft.com | 76% | #2,764,517 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Parallels
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Operating Systems & Virtualization
3 companies that operate in the same segment as Parallels (Operating Systems & Virtualization) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
OpenStack distribution and Kubernetes cluster management are facilitated across clouds. | 1993 | Raleigh, North Carolina, United States | ||||
Cloud-based unified communications and virtual infrastructure services are provided. | 2006 | Wayne, United States | USD 209.25 M |
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Related news about Parallels
Complete news archive for Parallels
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Frequently Asked Questions about Parallels
Parallels was founded in 1999 and raised its 1st funding round 14 years after it was founded.
Parallels is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Cloud based Daas platform. It provides virtualization and automation software that optimizes computing for consumers, businesses, and service providers across hardware, operating system, and virtualization platforms. It provides access software enabling remote access to computers. It includes a dashboard that provides visibility into published resources, registered users, active user sessions, and more.
Parallels's top competitors include Workspot, Dizzion and CloudShare.
Parallels has made 1 acquisition, including 2X.
Parallels has 4 investors. Key investors include Bessemer Venture Partners, Corel, Cisco Investments, and Russia Partners.
Yes. Parallels was acquired by Corel in November 2018.
The website of Parallels receives about 1.5 million visits a month and ranks #31,610 among all websites worldwide.