Parsec, a privately owned company headquartered in the US, was founded in 2016 and employs approximately 70 individuals. The company reported $6.0M in revenue as of 2024. The company's primary offerings revolve around production and post-production solutions, facilitating connections for users to access their work, games, and friends remotely across various devices.
Parsec for Teams powers Promod Esports broadcasts worldwide. Parsec for Teams Enterprise offers expanded capabilities for large organizations. A new feature, microphone passthrough, allows client microphone audio to be transmitted to a host machine using the Virtual USB driver. Parsec also published an article discussing the challenges of remote work.