Parsec is a privately owned company headquartered in the US. Founded in 2016, the company has approximately 70 employees and reported $6.0M in revenue as of 2024. The company's main product focuses on production and post-production, enabling users to connect to their work, games, and friends from anywhere on any device.
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.