Parsec closes $7 million funding round
Summary
“The incredible traction they have received is a testament to both the team’s capability and a clear market need.” Over 100 companies are using Parsec’s connection technology, according to the press release, including a number of high-profile game developers and publishers like EA, Behaviour Interactive, and Rainbow Studios. “This funding gives Parsec the opportunity to invest in building the features and tools developers, designers, filmmakers, animators, event planners--really, all creatives--need to break free of the studio and create cutting edge work from anywhere,” Boxer told GameDaily. “Because of the product weve always built, we have been able to create a new kind of remote culture fairly smoothly, and we prioritize health and safety first and foremost,” Boxer said. We are investing in marketing, sales, and engineering, and recently brought on a head of marketing and a VP of engineering to help lead those efforts.” By all accounts, Parsec for Teams has seen impressive success since its debut in March, but Boxer stressed that the company is not going to abandon Parsec Arcade, the original toolkit that allows people to game together remotely. “One of the reasons Parsec for Teams has been received as it has is due to creating an experience that flawlessly connects groups of friends to their favorite games.
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