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Parag Agrawal’s startup raises $100M to build a parallel web for AI agents

Former Twitter Inc. Chief Executive Parag Agrawal has raised 100 million to fund his new startup Parallel Web Systems Inc., which is focused on enabling artificial intelligence agents to search the we

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Former Twitter Inc. Chief Executive Parag Agrawal has raised 100 million to fund his new startup Parallel Web Systems Inc., which is focused on enabling artificial intelligence agents to search the web more efficiently. Sequoia Capital led today’s Series B round and was joined by existing investors Kleiner Perkins, Index Ventures and Khosla Ventures, bringing […] The post Parag Agrawal’s startup raises 100M to build a parallel web for AI agents appeared first on SiliconANGLE.

Source: SiliconANGLE | 2026-04-29

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