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

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Parallel Web Systems, the AI agent-tool startup founded by former Twitter CEO Parag Agrawal, has raised a $100 million Series B at a $2 billion valuation led by Sequoia. Existing investors Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital, and Terrain Capital also participated, the company said.

This raise comes just five months after the startup announced its $100 million Series A at a $740 million valuation led by Kleiner and Index, and brings the total capital it raised to $230 million.

Parallel offers a suite of web search and research APIs specifically for AI agents and names customers such as Clay, Harvey, Notion, and Opendoor. It says its customers include banks and hedge funds (though it has not named them).

The confidence of investors in Agrawal’s startup has to be particularly gratifying for him after his time at Twitter ended with a subsequent lawsuit. Elon Musk famously fired him and all the top execs after he bought Twitter. Those execs, including Agrawal, sued, alleging that Musk failed to pay the $128 million in severance pay they believe they were owed. In October, Musk settled the case for undisclosed terms.

In addition to some big-name customers, Parallel tells TechCrunch it has over 100,000 developers using its products.

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Jos Gunners Set for Mega Celebration as Arsenal Victory Parade, UCL Watch Party Hit the City

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Jos is set to come alive in Arsenal colours as fans across Plateau State prepare for the much-anticipated Jos Arsenal Victory Parade, UEFA Champions League Watch Party, and Arsenal Awards Night in what promises to be one of the biggest fan gatherings in the city.

The event, described as the ultimate Gooners’ link-up, will bring together Arsenal supporters from across the state for an evening packed with celebration, entertainment, and football passion — with free entry for everyone.

Activities kick off on Saturday, May 30, with the Victory Parade scheduled to begin at 3:00 PM sharp from Terminus, by Zenith Bank, as fans are expected to flood the streets in Arsenal jerseys to celebrate in style.

The celebration will then move to Tamarald Event Centre (Outdoor), off Old Airport Junction, from 4:00 PM, where guests will enjoy an exciting lineup of activities.

Organisers have promised premium entertainment featuring free party jollof for the first 50 attendees, sizzling barbecue, music performances, comedy, dance showcases, special Arsenal awards presentations, and the official launch of a brand-new Arsenal-themed song.

Supporters are simply encouraged to show up in their Arsenal jerseys and be part of the unforgettable experience.

The event is supported by Areo Global Services, Malangwa Media Empire, Nugroove Multimedia, Grace Dimensions Ministries, Dabels Cakes and Catering, Jos Metro Foods, Da Zone Concepts, Joe B Entertainment, Royal K.O.C, and the Gunners Rhythm Gang.

For enquiries, support, and table reservations, interested participants can contact:

07031001105

08126007839

For Jos Gooners, this is more than an event — it is a celebration of football, community, and Arsenal pride.

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Eric Chelle Plots Another ‘Surprise Package’ For 2026 Unity Cup Final

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Super Eagles’ coach, Eric Sekou Chelle has hinted that he will unleash another ‘surprise package’ on his team’s next opponent at this year’s ongoing Unity Cup in London, Sports247 reports.

Speaking against the backdrop of Tuesday’s 2-0 victory over Zimbabwe in the competition’s opening match at Charlton Athletic FC’s home ground, The Valley, Chelle said he was impressed with what his array of rookies were able to achieve against The Warriors.

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While not singling out any of the lads for particular mention, the Franco-Malian tactician admitted he was surprised by the team’s performance, considering that most of the lads were playing together for the first time.

The former coach of Mali’s national team and MC Oran football club of Algeria further hinted that many of those who featured in Tuesday’s game justified their inclusion in the list of invitees and showed that they can even be counted on to feature in the main Nigerian squad.

With his eyes now fully set on Saturday’s final at the same venue, Chelle inferred that he may not roll out the same starting 11, considering that some of Nigeria’s Grade-A players are also in camp and were rested for the opening game in order to give the rookies their own opportunities to shine.

However, Chelle noted further that there’s a strong likelihood of the next clash being against perennial Unity Cup rivals, Jamaica, who dragged the Eagles into penalties’ shootout before Nigeria could win last year’s final at Brentford’s BTech Stadium also in London.

With that in mind, the gaffer is already thinking of tinkering his squad list for the final but, while keeping hid plans close to his chest, Chelle stressed that the enthusiasm of all the lads in camp has made it possible for him to roll out tactical surprises at will.

Chelle said, “I was truly surprised by the performance of the players against Zimbabwe. I was surprised, because they played as if they had been together for six months or one year.

“In reality, it was the first time, but they showed that we can always make surprises happen in the Unity Cup. We are now looking at the next opponent in the final.”

Sports247 gathered that there is a strong possibility that Wilfred Oyinyen Ndidi will captain the squad on Saturday, while Moses Simon and Jerome Akor Adams line out alongside new rave of the moment, Femi Azeez, in attack.

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