Parallelz: Raises $3M in Pre-Seed Funding

Parallelz Raises $3M in Pre-Seed Funding

  • Parallelz, a Toronto, CA-based provider of a software platform that instantly transforms native mobile apps into native web apps, raised $3M in Pre-Seed funding
  • The company intend sto use the funds to grow its team and accelerate platform development
  • The company is building a new platform and software architecture that instantly transforms native mobile apps into native web apps, with zero compromise in visual quality or user experience
  • The solution enables developers to distribute their applications across multiple digital and social channels, independently from app stores
  • The company plans to make its platform available in limited release later this year
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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