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fundraiseAnnounced · Apr 28, 2026AI
Parallel Web Systems Inc.
Parallel Web Systems Inc.

Parallel Web Systems Inc. raises $100M in Series B

David Najork
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
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Raise amount
$100M
Company
Parallel Web Systems Inc.
Parallel Web Systems Inc.
Round
Lead investor

Parallel Web Systems Inc. raised $100M in a Series B round. Sector: AI. Location: Location not specified. Lead investor: Sequoia Capital.

This page summarizes publicly available information about the round as of 2026-04-28. Figures may change as press releases and filings update.

Parag Agrawal’s startup raises $100M to build a parallel web for AI agents.

Deal timeline

Announced
Apr 28, 2026 · siliconangle.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in AI with a reported deal value of $100M. Figures and status may change as sources update.

Sources: siliconangle.com · Primary article · FireStrike proprietary index