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Founded Year

2006

Stage

Acquired | Acquired

Total Raised

$17.4M

About Parallels

Parallels offers cross-platform solutions. It enables businesses and individuals to access and use applications and files they need on any device or operating system. It offers its solutions to businesses, homes, students, and more. The company was formerly known as SWsoft. It was founded in 2006 and is based in Bellevue, Washington. In December 2018, Parallels was acquired by Corel.

Headquarters Location

110 110th Avenue NE, suite 410

Bellevue, Washington, 98004,

United States

+1 (888) 811 2489

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Parallels Patents

Parallels has filed 342 patents.

The 3 most popular patent topics include:

  • remote desktop
  • computer memory
  • network protocols
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/29/2022

2/13/2024

Computer network security, Network file systems, Computer memory, Computer security, Word processors

Grant

Application Date

3/29/2022

Grant Date

2/13/2024

Title

Related Topics

Computer network security, Network file systems, Computer memory, Computer security, Word processors

Status

Grant

Latest Parallels News

Parallels Expands its Focus on Securing the Remote Access Experience, Rebrands Awingu to Parallels Secure Workspace

Oct 31, 2023

Parallels Expands its Focus on Securing the Remote Access Experience, Rebrands Awingu to Parallels Secure Workspace OTTAWA, Oct. 31, 2023 (GLOBE NEWSWIRE) — Alludo , a global technology company behind award-winning brands including Parallels, Corel, MindManager, and WinZip, announced today that it has renamed its secure remote access solution Parallels Awingu to Parallels Secure Workspace . Awingu was acquired last year and the renaming marks a logical next step, firmly establishing Parallels Secure Workspace as a fully-fledged member of the Parallels family, which includes Parallels Desktop , Parallels RAS , Parallels Toolbox and Parallels Access . “Hybrid and remote work are here to stay, and Parallels Secure Workspace enables organizations to give their employees secure access to the applications they depend on, whether they’re in a boardroom, at the airport, or their home office,” said Christa Quarles, CEO of Alludo. “This renaming is just one step of Parallels’ security journey as we continue our mission to empower knowledge workers’ anywhere, anytime productivity by improving the secure-remote-access experience.” The renaming of the product also underscores Parallels’ focus on the evolving market. According to a recent cybersecurity report , 41% of IT professionals reported a security breach within the last 12 months, while a substantial 78% expressed their intent to significantly or moderately increase security budgets in the coming year. This growing emphasis on security stresses the demand for safe and user-friendly solutions, a need that Parallels Secure Workspace effectively addresses. “Parallels Secure Workspace, now formerly Awingu, has been a pioneer in remote access solutions. With specific security-focused capabilities they are aligning with the future needs of customers in a globally dispersed and heavily remote workforce,” said Dr. Chase Cunningham, DrZeroTrust. “I have followed Awingu’s journey closely since 2017, and this renaming aligns with their customers’ and future customers’ needs and is a watershed moment for the company.” Parallels Secure Workspace, which has been under development since 2011 in Belgium, distinguishes itself by being “clientless,” operating entirely within the web browser to offer effortless access to virtual apps, desktops, files, SaaS applications, and cloud storage anywhere, on any device. Both mid-market and large enterprises choose Parallels Secure Workspace, not only for its fast deployment within hours, but also as it presents a more secure alternative to traditional VPNs. It effectively supports companies with their Zero Trust security initiatives, secure BYOD programs, remote work arrangements, and controlled contractor access. As Awingu transitions to Parallels Secure Workspace, the product itself will remain unchanged, ensuring a smooth experience for all users without any required actions. Default branding for fresh installs in line with the Parallels brand will also be introduced. For more information on upgrading to the latest version, please visit our website . Updates to the Parallels Partner Program Channel partners can now access valuable training opportunities through the partner portal with our new Parallels Secure Workspace certification courses. These courses are free of charge and offer partners an easy and fast way to enhance skills and knowledge, ultimately benefiting our channel partners in delivering exceptional solutions and services to our customers. About Parallels Parallels is a global leading brand in cross-platform solutions that make it simple for businesses and individuals to use and access the applications and files they need on any device or operating system. Parallels helps customers leverage the best technology out there, whether it’s Windows, Mac, Chrome OS, iOS, Android, or the cloud. Parallels solves complex engineering and user-experience problems by making it simple and cost-effective for businesses and individual customers to use applications anywhere, anytime. Parallels is part of the Alludo portfolio. For more information, please visit www.parallels.com . About Alludo Alludo™ is a global technology company helping people work better and live better. We’re the people behind award-winning, globally recognizable brands including Parallels, Corel, MindManager, and WinZip. Our professional-caliber graphics, virtualization, and productivity solutions are finely tuned for the digital remote workforce delivering the freedom to work when, where, and how you want. With a 35+ year legacy of innovation, Alludo empowers all you do, helping more than 2.5 million paying customers to enable, ideate, create, and share on any device, anywhere. To learn more, visit www.alludo.com . © 2023 Cascade Parent Limited trading as Alludo. All rights reserved. Alludo, and the Alludo logo are trademarks of Cascade Parent Limited in Canada, the United States and/or elsewhere. Corel, MindManager, and WinZip are trademarks or registered trademarks of Corel Corporation in Canada, the United States and/or elsewhere. Parallels is a trademark or registered trademark of Parallels International GmbH in Canada, the United States and/or elsewhere. Android and Chrome OS are trademarks of Google LLC. Mac is a trademark of Apple Inc. All other company, product and service names, logos, brands and any registered or unregistered trademarks mentioned are used for identification purposes only and remain the exclusive property of their respective owners. For all notices and legal information please visit www.alludo.com/en/legal , www.corel.com/en/legal-information/ and  www.parallels.com/about/legal/ Media Contact:

May 31, 2023
Parallels

Parallels Frequently Asked Questions (FAQ)

  • When was Parallels founded?

    Parallels was founded in 2006.

  • Where is Parallels's headquarters?

    Parallels's headquarters is located at 110 110th Avenue NE,, Bellevue.

  • 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 Alludo, Maxfield Capital, Ingram Micro, Cisco Investments, Bessemer Venture Partners and 6 more.

  • Who are Parallels's competitors?

    Competitors of Parallels include AppDirect and 5 more.

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