Parsec is a privately owned company headquartered in the US. Founded in 2016, with approximately 70 employees, Parsec reported $6.0M in revenue as of 2024. The company specializes in production and post-production, enabling users to connect to work, games, and friends remotely across various devices.
On June 17, 2026, a comparison evaluated Parsec's performance in remote gaming, highlighting its responsiveness and visual quality for streaming games between devices. Previously, on April 29, 2025, Parsec enhanced its Parsec for Teams Enterprise offering, providing large organizations with expanded scale and controls to empower creative workforces. Also on April 29, 2025, Promod Esports powered its broadcasts using Parsec for Teams, showcasing the platform's application in media, entertainment, and gaming operations.