About Parallels
Parallels is a company based in Seattle (United States) founded in 1999 was acquired by Corel in November 2018. Parallels has completed 1 acquisition, including 2X. Parallels operates in a competitive market with competitors including Teradici, Workspot, CloudShare, Systancia and Dizzion, among others.
- Headquarter Seattle, United States
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
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Investors
Bessemer Venture Partners
& 3 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Corel
(Nov 27, 2018)
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Funding Insights of Parallels
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.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Technology investments and expertise in networking, cloud, and security services.
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Investor details for Parallels
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Investments & Acquisitions by Parallels
Parallels has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include 2X.
Investment portfolio details for Parallels
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Virtual desktop delivery and MDM
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Complete acquisition details for Parallels
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - Parallels
Detailed financials for Parallels
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Parallels Comparisons
Peer comparison for Parallels
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Parallels
Parallels operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Teradici, Workspot, CloudShare, Systancia and Dizzion, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Offers PCoIP and remote desktop solutions
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Cloud-based desktop virtualization platform
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IT company developing virtual training sand proof of concepts software for companies
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Desktop virtualization and healthcare solutions are provided by Systancia.
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Cloud-based desktop virtualization solutions are managed for secure access.
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Detailed competitors of Parallels
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Parallels
Complete news archive for Parallels
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- Source and publication date
- Older coverage
- Brand-specific news history
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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 has made 1 acquisition, including 2X.
Parallels has 4 investors. Key investors include Bessemer Venture Partners, Corel, Cisco Investments, and Russia Partners.