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Parse (company)

Parse (company)

Parse is a company providing cloud-based software developer kits for building applications for desktop, mobile, and embedded devices.

Founded by Tikhon Bernstam, James Yu, Ilya Sukhar, and Kevin Lacker, Parse is a cloud-based software developer providing kits for building desktop, mobile, and embedded device applications.

Parse was part of the Y Combinator S11 Batch, founded by participants of the 2011 Y Combinator Program, but was acquired by Facebook in 2013 for $85 million. Before Facebook acquired Parse, the platform was used by 20,000 mobile developers and saw a 40% customer increase monthly. By 2014, after the acquisition, it was reported the platform was hosting over 500,000 applications.

In January of 2016, Facebook announced it would be closing the Parse Hosting Service. However, the Parse code was open-sourced by Facebook, to allow the migration of apps to self-host. Parse provided a server, called MongoDB, allowing developers to migrate to a new self-hosted server while continuing to have access to the Parse dashboard. However, several vendors are capable of hosting Parse applications, allowing developers to move their applications to avoid self-hosting. On January 30th, 2018, Parse discontinued its hosting services.

Timeline

January 31, 2017
Facebook's Parse developer platform is shutting down today
January 28, 2016
Facebook announces its closing the Parse developer platform.
April 25, 2013
Facebook buys Parse to offer mobile development tools.

Parse has agreed to be acquired by Facebook.

November 9, 2011
Parse raises a $5,500,000 series A round from Ignition Partners.
August 4, 2011
Parse raises a $1,500,000 seed round from Aaron Iba, Chris Fanini, Data Collective, David Rusenko, Don Dodge, Garry Tan, Justin Kan, Menlo Ventures, SV Angel, Y Combinator and Yuri Milner.
2011
Parse is founded by Tikhon Bernstam, James Yu, Ilya Sukhar, and Kevin Lacker as a part of Y Combinator's S11 Accelerator Batch.

Funding Rounds

Patents

Further Resources

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References

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