Parallel Web Systems hits $2B valuation five months after its last big raise

· TechCrunch AI ·

Parag Agrawal's AI agent startup Parallel Web Systems raises $100M from Sequoia at $2B valuation, months after a prior $100M raise, signaling strong VC appetite for enterprise AI infrastructure.

Categories: Money & Moves

Excerpt

The AI agent-tool startup founded by former Twitter CEO Parag Agrawal has raised $100 million, led by Sequoia, months after raising a previous $100 million.