About Parsec
Parsec is a company based in Park City (United States) founded in 2016 was acquired by Unity in August 2021. It operates as a SaaS (Software-as-a-Service) and Freemium. Parsec has raised $61.26 million across 6 funding rounds from investors including Unity, Lerer Hippeau and HP Ventures Group. Parsec offers products and services including Parsec Connect, Parsec Warp, Parsec for Teams, and Parsec for Enterprise. Parsec operates in a competitive market with competitors including Shadow, Blacknut, AccelByte, Gamestream and Boosteroid, among others.
- Headquarter Park City, United States
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Sectors
Media & Entertainment
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Email
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Website
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- Legal Name Unity Technologies Sf
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Products & Services of Parsec
Parsec offers a comprehensive portfolio of products and services, including Parsec Connect, Parsec Warp, Parsec for Teams, and Parsec for Enterprise.
Remote access to gaming rigs is provided effortlessly.
Enhanced remote access for artists is offered professionally.
Hybrid work support for teams is delivered securely.
Scalable remote solutions for organizations are provided efficiently.
People of Parsec
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Senior Team
55 people
Sales and Marketing
46 people
Leadership Team
43 people
Software Development Team
35 people
Human Resources and Administration
27 people
Finance and Accounting
15 people
Legal and Compliance
13 people
Growth Team
10 people
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Funding Insights of Parsec
Parsec has successfully raised a total of $61.26M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Parsec
Parsec has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Unity, Lerer Hippeau and HP Ventures Group.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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USA focused VC firm investing in seed and early stage startups
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Venture capital funding for games and interactive entertainment.
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Investor details for Parsec
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Investments & Acquisitions by Parsec
Investment portfolio details for Parsec
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Financial Statements - Parsec
Detailed financials for Parsec
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Parsec Comparisons
Peer comparison for Parsec
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Competitors of Parsec
Parsec 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 Shadow, Blacknut, AccelByte, Gamestream and Boosteroid, among others.
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Cloud-based game streaming application
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Multiple games are accessed on-demand via subscription-based cloud gaming.
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Cloud-based gaming platforms are provided to developers and publishers.
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Platform providing services for cloud gaming
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Offers a cloud gaming platform for seamless entertainment experiences.
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Detailed competitors of Parsec
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Latest news on Parsec
Complete news archive for Parsec
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Frequently Asked Questions about Parsec
Parsec was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Parsec is headquartered in Park City, United States. It is registered at Park City, Utah, United States.
Parsec is a funded company, having raised a total of $61.26M across 6 funding rounds to date.
High-quality remote desktop access is offered by Parsec for both professional work and gaming purposes. Solutions cater to individual users, artists, teams, and enterprises with features like 4K streaming, low latency, and secure peer-to-peer connections. Various sectors including gaming, entertainment, and hybrid work environments are served through personalized and collaborative tools.
Parsec offers Parsec Connect, Parsec Warp, Parsec for Teams, and Parsec for Enterprise.
Parsec has 7 investors. Key investors include Unity, Lerer Hippeau, HP Ventures Group, Andreessen Horowitz, and Makers Fund.