United States · Venture startup

Who invested in Parallels

3 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Software

Funding summaryUpdated 31 Oct 2026

$12Mraised across 3 rounds since 2005, from 3 sources

Latest round
VentureApr 2014
Biggest round
$12MVenture · Jun 2005
Investors
5
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20052007200920112013
$12MVenture?Round?Venture
First round
Venture, $12M
Jun 2005
Biggest round
$12M
Venture · Jun 2005
Usual gap between rounds
7.6 years
the median of 2

The rounds

  1. Apr 2014
    VentureAmount undisclosed1 new

    From a historical funding record

  2. Jan 2013
    RoundAmount undisclosed1 new

    Reported by pevc.dowjones.com

  3. Jun 2005

Founders and team

From Parallels's own website: 7 on the team.

  • Christa QuarlesChief Executive Officer
  • Iryna WigleySenior Vice President of HR
  • Michelle ChianteraChief Revenue Officer
  • Ted RidgewayInterim Chief Financial Officer
  • Diane HondaTeam
  • Elena KoryakinaTeam
  • Michael LyubininTeam

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Intel CapitalCorporate VC1round
Insight PartnersVC firm1round
CiscoCorporate VC1round
Maxfield CapitalVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Parallels as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Savano Capital PartnersVC firmPer its own site
PORTALVC firmPer its own site

Quick answers about Parallels

Who invested in Parallels?

Parallels's investors include Intel Capital, Bessemer Venture Partners, Insight Partners, Cisco and Maxfield Capital.

How much has Parallels raised?

Parallels has raised $12M across 3 rounds since 2005. 2 rounds did not disclose an amount, so the total is a floor.

When did Parallels last raise?

Parallels's most recent round was a Venture in Apr 2014.

What was Parallels's biggest round?

Parallels's largest round on record is $12M (Venture), in Jun 2005.

Who backed Parallels first?

Parallels's first round on record, in Jun 2005, was backed by Intel Capital, Bessemer Venture Partners and Insight Partners.

What stage is Parallels at?

Parallels's latest named round is a Venture, in Apr 2014.

Where is Parallels based?

Parallels is based in the United States.

Companies like Parallels

In the same sector, and raised in the last eighteen months.

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