# Parse (formerly)

**Source:** https://www.startuphub.ai/startups/parse-formerly
**Profile type:** Startup

> Backend-as-a-Service platform for mobile app developers, acquired by Facebook.

## About

Parse was a Backend-as-a-Service (BaaS) platform that provided developers with tools and infrastructure to build and scale mobile applications. It offered features like database management, user authentication, push notifications, and cloud code hosting, significantly simplifying app development. Parse was acquired by Facebook in 2013.

## Key facts

- **Slug:** parse-formerly
- **Website:** https://www.parse.com/
- **Location:** San Francisco, United States
- **Founded:** 2011-01-01
- **Operating status:** Inactive
- **Total funding:** $7M
- **Sectors / tags:** Backend-as-a-Service, Mobile App Development, Cloud Infrastructure, Developer Tools, API Platform

## Frequently asked

### What does Parse (formerly) do?

Parse was a Backend-as-a-Service (BaaS) platform that provided developers with tools and infrastructure to build and scale mobile applications. It offered features like database management, user authentication, push notifications, and cloud code hosting, significantly simplifying app development. Parse was acquired by Facebook in 2013.

### What is Parse (formerly)'s valuation?

StartupHub estimates Parse (formerly)'s effective valuation at $30.0M (range $17.5M to $42.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Parse (formerly) raised?

Parse (formerly) has raised a total of $7M in funding. The most recent round on record is Series A.

### Where is Parse (formerly) headquartered?

Parse (formerly) is headquartered in San Francisco, United States.

### When was Parse (formerly) founded?

Parse (formerly) was founded in 2011.

### What industry does Parse (formerly) operate in?

Parse (formerly) operates in Backend-as-a-Service, Mobile App Development, Cloud Infrastructure, Developer Tools, API Platform.

### What is Parse (formerly)'s current status?

Parse (formerly)'s current operating status is: Inactive.

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