About Parsec
Parsec is a Media & Entertainment company based in Park City (United States) founded in 2016, and was acquired by Unity in August 2021. Cloud gaming and remote working solutions are provided for professionals. It operates on a SaaS (Software-as-a-Service) and Freemium model. Parsec has raised $61.26 million across 6 funding rounds from investors including Unity, Lerer Hippeau and HP Ventures Group. Its website parsec.app draws about 1.9 million monthly visits. Parsec offers products and services including Parsec Connect, Parsec Warp, Parsec for Teams, and Parsec for Enterprise. Its focus areas include Technology, Software and Remote Desktop Solutions. Its legal entity is Unity Technologies SF. Its competitors include AccelByte, Gaikai and now.gg; 2 of its 3 listed competitors have raised funding.
Company details
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.
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.
Apps and channels of Parsec
its YouTube channel Parsec has 18.8K subscribers.
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.
- Total Funding $61.26M
- Total Rounds 6
- Last Round Series B — $25M
- First Round $1M
(Jan 2017)
- Investors Count 6
All 6 funding rounds of Parsec 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 |
|---|---|---|---|---|---|
| Dec 2020 | $25M | Series B | – | – | |
| Dec 2020 | $25M | Series B | – | a16z | |
| May 2020 | $7M | Series A | – | – | |
| Dec 2017 | $2.26M | Series A | – | – | |
| Jan 2017 | $1M | Seed | – | – | – |
| Jan 2017 | $1M | Seed | – | – | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | a16z.com | |||
USA focused VC firm investing in seed and early stage startups | 2010 | lererhippeau.com | New York, United States | |
Venture capital funding for games and interactive entertainment. | makersfund.com | |||
Seed-stage tech startups are invested in by NextView Ventures. | nextview.vc | Boston, United States | ||
Pre-seed investments are provided to tech startups by Notation. | notation.vc | Brooklyn, United States | ||
Luxury residential apartment development services are provided. | 2009 | hpventuresgroup.com | Chicago, United States | |
Unity is recognized as a leading real-time development platform. | 2004 | unity.com | San Francisco, United States |
Investor details for Parsec
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Parsec
321 people are tracked at Parsec (119 in leadership, 13 in board & advisors, 189 in team).
| Name | Role | Group |
|---|---|---|
David Amar | Head Of Global Sales | Leadership |
Moni Givol | Chief Security Officer | Leadership |
Yunhee Kim | Client Partner | Leadership |
Dara Ashrafi | Senior Director, Associate General Counsel | Leadership |
Natalie M. | Head Of Service Provider Partnerships | Leadership |
Noah Gerard-Grossman | Head Of Demand, Americas | Leadership |
Patrick Beattie | Vice President Of Sales | Leadership |
Victor Lu | Director, Growth & Partnerships - Marketplace | Leadership |
Stephania Suárez | Channel Partner Associate | Leadership |
Dereik A. Gregory | Senior Partner Relations Manager - Industry | Leadership |
Rebecca Boyden | Senior Vice President and Chief Legal Officer | Leadership |
Anthony Blackburn | VP, Legal | Leadership |
Nick Hovers | Senior Managing Counsel, Aura From Unity | Leadership |
Amber Hayes | VP, HR People Operations and Business Support | Leadership |
Jarrod Yahes | SVP & CFO | Leadership |
Stephanie Medeiros | Director, Accounting Operations | Leadership |
Sarah Lash | Senior Vice President and General Manager, Industry | Leadership |
Agatha Hood | Senior Director of Customer Success Everywhere, Create Solutions | Leadership |
Annie Blossom | Sr Director, Talent Strategy | Leadership |
Roman Menyakin | Director Sales Operations, EMEA | Leadership |
301 more people are available in the full profile.
Complete people profiles for Parsec
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Parsec
4 dated milestones of Parsec across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Parsec is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Series B, of $25.0M.
- Exit Acquired by Unity.
Competitors of Parsec
Parsec has 3 listed competitors in our database, 2 of them funded. They include AccelByte, Gaikai and now.gg.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| accelbyte.io | 2016 | Seattle, United States | $70M | 17 | Cloud-based gaming platforms are provided to developers and publishers. | |
| gaikai.com | 2008 | Aliso Viejo, United States | $45.04M | Cloud gaming technology provider | ||
| now.gg | 2020 | Campbell, United States | Cloud gaming solutions are provided for mobile game developers. |
Detailed competitors of Parsec
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Parsec
The website of Parsec (parsec.app) receives about 1.9M visits a month and ranks #27,666 among all websites worldwide, #734 in Business Services.
- Monthly visits1.9M
▲ 2.6% vs previous month
- Unique visitors934.1K
per month
- Global rank#27,666
among all websites
- Category rank#734
Business and Consumer Services · Business Services
- Bounce rate38%
- Pages per visit3.8
- Average visit2 min 35 sec
- DevicesDesktop 66% · Mobile 34%
Websites whose visitors overlap most with Parsec. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
satro-paladin.com | satro-paladin.com | 100% | #195,099 | – | |
luis.ru | luis.ru | 100% | #197,508 | – | |
parasec.com | parasec.com | 100% | #2,849,668 | – | |
sec-group.ru | sec-group.ru | 80% | #767,529 | – | |
| linktr.ee | 68% | 205.6M | #263 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Parsec
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Gaming Platforms & Ecosystem
3 companies that operate in the same segment as Parsec (Gaming Platforms & Ecosystem) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Gaming hardware and accessories are developed for players. | 2005 | Irvine, California, United States | USD 126.27 M | 1,981 | ||
Provider of cross-platform game engine technology | 1991 | Cary, North Carolina, United States | USD 8.13 B | 11,961 | ||
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M |
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Related news about Parsec
Complete news archive for Parsec
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Older coverage
- Brand-specific news history
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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. The company's 1st funding round was a Seed of $1M, raised on Jan 2017.
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.
Parsec operates through Unity Technologies Sf.
Yes. Parsec was acquired by Unity in August 2021.
The website of Parsec receives about 1.9 million visits a month and ranks #27,666 among all websites worldwide.