Parallel Web Systems, the AI startup founded by former Twitter CEO Parag Agrawal, has raised a total of $130 million in funding across two rounds. Initial Seed Round: $30 million in January 2024. Series A Round: $100 million in November 2025. Purpose: The company is building application programming interfaces (APIs) that allow AI systems to perform live web searches and access real-time data, aiming to address a fundamental shift in internet usage where AI agents are becoming primary users. #parralel #paragagrawal #internet #ai #artificialintelligence #aiagents