AI & Enterprise
Parallel Web Systems raises Series B at $2 billion valuation for AI agent web search
Parallel Web Systems, an AI agent tools startup founded by former Twitter CEO Parag Agrawal, has raised $100 million in a Sequoia-led Series B round, TechCrunch reported on April 29. The company was valued at $2 billion in the deal. Existing investors including Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital and Terrain Capital also joined the round.
