Parallels company logo

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Founded Year



Acquired | Acquired

Total Raised


About Parallels

Parallels is a provider in hosting and cloud service enablement and desktop virtualization. Parallels makes it easier for service providers to grow and Profit from the Cloud with service delivery software and its partner ecosystem. The company's flagship hosting and cloud services integration mechanism - Application Packaging Standard (APS) - is a free and open industry standard that creates a simple and fast way for hosting and cloud services providers to offer services, including aggregated services provided by third parties. The APS ecosystem includes hundreds of independent software vendors (ISVs), who rely on Parallels service provider partners to reach millions of SMBs.

Parallels Headquarter Location

500 SW 39th Street Suite 200

Renton, Washington, 98057,

United States


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Parallels Patents

Parallels has filed 286 patents.

The 3 most popular patent topics include:

  • Remote desktop
  • Network protocols
  • Computer memory
patents chart

Application Date

Grant Date


Related Topics




Operating system technology, Hardware virtualization, Linux kernel features, Web hosting, IBM mainframe operating systems


Application Date


Grant Date



Related Topics

Operating system technology, Hardware virtualization, Linux kernel features, Web hosting, IBM mainframe operating systems



Latest Parallels News

Parallels Extends Desktop Platform Offerings to Further Improve User Experience and Productivity for Running Windows on a Mac

Aug 9, 2022

Ottawa, Ontario, CANADA BELLEVUE, Wash., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Parallels , a global leader in cross-platform solutions, today announces the release of Parallels Desktop 18 for Mac . The latest version of Parallels’ powerful solution is designed to optimize the usability of the latest Apple hardware, while also powering performance and gaming updates, providing users with greater freedom and flexibility. Through this release, Parallels® Desktop 18 for Mac offers all end-users, professionals, and enterprises: First-class performance: Users can leverage the most-advanced Windows experience on their Macs to run more than 200,000 Windows apps and classic games. Continuous and seamless integration: Optimized for the latest Apple hardware, users can enjoy compatibility with Apple’s ProMotion display and unleashed performance of the Apple M1 Ultra chip that delivers up to 96% faster Windows 11 on a Mac Studio, * while staying up to date with any upcoming macOS upgrades. Easier set up for Windows 11: Users can now get Windows 11 downloaded, installed, and configured in just one click saving time with setting up, as well as download a free set of ready-to-use Linux systems. Enhanced Windows game-play experience on a Mac: Users can now simply connect a game controller to their Mac, switch to Windows, and start playing. Enjoy smooth Windows UI and video playback, a higher frame rate, and much more. The new features in Parallels Desktop 18 for Mac have been engineered to enable users to be more productive while leveraging a high-performing Windows OS on a Mac, that is easy to use and stays up to date—even when a new Apple hardware or a macOS, Windows, or Linux version is released. “We are proud of our engineering team that continues to be at the forefront of innovation to offer a remarkably more powerful and seamless Parallels Desktop for Mac experience to our users, that is integrated with the latest macOS Ventura, optimized for the latest Apple hardware, and offers valuable features to deliver even better productivity and performance,” said Prashant Ketkar, Chief Technology and Product Officer at Corel. “This is as simple and easy to use as it gets, and our users can rely on Parallels Desktop for Mac to focus on the job at hand.”   For more information about the new features of Parallels Desktop 18 for Mac, visit . Trial and Availability:  Parallels Desktop 18 for Mac Standard, Pro, and Business editions are all engineered to offer an optimal experience on Mac computers with Intel and Apple M series chips and can be purchased at or from authorized resellers worldwide. Parallels Desktop subscriptions include complimentary concurrent subscriptions to Parallels Access and Parallels Toolbox for Mac and Windows . For more information about Parallels products, to download free trial software, or purchase a subscription, please visit . Key Parallels Desktop 18 features Optimized for the upcoming macOS Ventura release to support new features, functionality, and deliver exceptional performance. Full support for Apple’s ProMotion display with automatic refresh rate changes and unleashed Apple M1 Ultra performance allowing users to assign more resources and get up to 96% faster Windows 11. * Seamless Windows gaming experience with automatic sharing of Xbox or DualShock Bluetooth game controllers with Windows and Linux. Improved compatibility of Intel (x86) applications when running Windows 11 on ARM, specifically when saving and reading files from the Mac disk. Improved USB 3.0 to support live data streaming devices, including Elgato HD60, Startech USB 3.0 Video Capture, and more. Powerful network conditioner on Apple M1 Macs enabling users to set up various network conditions for the virtual machine (bandwidth, packet loss, delay) similar to both Windows and Linux virtual machines. Isolate virtual machine network from Mac on Apple M1 Mac computers for better security and start a Minikube cluster with Parallels Desktop as a virtualization provider. Ability to use network boot with Linux ARM virtual machines now available on Mac computers with Apple M1 chips. Easily analyze an application performance in a separate VM using the enhanced Parallels plug-in for Visual Studio.

  • When was Parallels founded?

    Parallels was founded in 1999.

  • Where is Parallels's headquarters?

    Parallels's headquarters is located at 500 SW 39th Street, Renton.

  • What is Parallels's latest funding round?

    Parallels's latest funding round is Acquired.

  • How much did Parallels raise?

    Parallels raised a total of $17.4M.

  • Who are the investors of Parallels?

    Investors of Parallels include Corel, Maxfield Capital, Ingram Micro, Cisco Investments, Bessemer Venture Partners and 6 more.

  • Who are Parallels's competitors?

    Competitors of Parallels include AppDirect and 4 more.

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