Parallelz Raises $3M Pre-Seed Funding to Challenge App Store Monopoly – QNT Press Release


Breakthrough Platform Instantly Runs Any Mobile App in the Browser with No Quality Loss, No Code Changes, No SDK

Parallelz today announced an oversubscribed pre-seed funding round of $3.0 million USD to build out its software platform that will enable entirely new ways to distribute and discover mobile applications. The funding, sourced from prominent industry leaders and venture investors, will help the technology company grow its team and accelerate platform development.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220622005433/en/

Parallelz has developed a new technology platform that can run any mobile app natively in a web browser, without any quality loss or code changes — enabling new ways to distribute and discover apps beyond the app store. (Photo: Business Wire)

Parallelz Founder and CEO Albert Lai said the new funding shows excitement for his company’s mission to challenge “the app store monopoly.” The breakthrough software …

Full story available on Benzinga.com



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