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.
Backers included Ed Baker, Ryan Hoover, Andre Charoo, Global Founders Capital, Play Ventures, Garage Capital, Two Small Fish Ventures, Jonathan Lai, Jude Gomila, Kyu Lee, and Farhan Thawar.
The company intend sto use the funds to grow its team and accelerate platform development.
Led by Founder and CEO Albert Lai, Parallelz 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.