Former Twitter CEO Parag Agrawal's Startup Parallel Web Systems Secures USD 100 Mn Funding

Ex-Twitter CEO Agrawal's AI search startup Parallel raises $100 million

AI startup Parallel Web Systems, founded by ex-Twitter CEO Parag Agrawal, has raised $100 million at a $740 million valuation. The firm builds APIs that let AI agents search the live web. Backed by top investors, it aims to reshape online access, linking AI systems with real-time, quality web data.

Former Twitter CEO Parag Agrawal's Startup Parallel Web Systems Secures USD 100 Mn Funding

The investment was co-led by Kleiner Perkins and Index Ventures, with participation from Khosla Ventures and other existing investors.

Ex-Twitter CEO Parag Agrawal's AI Search Startup Raises $100 Million

AI startup Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised $100 million to build web search infrastructure for artificial intelligence agents and fund deals with online content owners, Agrawal said in an interview.

Ex-Twitter CEO Parag Agrawal Raises $100 million For AI Startup

India-West News Desk SAN JOSE, CA – Parallel Web Systems, an AI startup founded by former Twitter CEO Parag Agrawal, has secured $100 million in Series A funding to expand its web search infrastructure for artificial intelligence agents and support agreements with online content providers. Reuters reported that the round, which values the company at $740 million, was co-led by venture capital firms Kleiner Perkins and Index Ventures, with additi…

Ex-Twitter Boss Agrawal’s AI Start-Up Raises $100m

Parallel Web Systems, led by former Twitter chief Parag Agrawal, raises $100m to help make web content more accessible for AI scraping This article has been indexed from Silicon UK Read the original article: Ex-Twitter Boss Agrawal’s AI Start-Up Raises $100m The post Ex-Twitter Boss Agrawal’s AI Start-Up Raises $100m appeared first on IT Security News.

Parag Agrawal's AI start-up raises $100M to reinvent web search

Parallel Web Systems, an AI startup founded by ex-Twitter CEO Parag Agrawal, has raised $100 million to develop web search infrastructure for artificial intelligence agents.