Parse (company)
Parse is a Mobile Backend as a Service provider based in Menlo Park, CA.
Growth
Parse was founded in 2011 by Tikhon Bernstam, Ilya Sukhar, James Yu, and Kevin Lacker, previously at Google and Y Combinator. The firm produces back-end tools for mobile developers that help mobile developers store data in the cloud, manage identity log-ins, handle push notifications and run custom code in the cloud.
On November 9, 2011 it raised 5.5M in venture capital funding. In 2012, its tools was being used by 20,000 mobile developers and that number was growing at 40% monthly. On Sept 11, 2012 it added the ability to create custom code on the back end.
Fast Company named Parse one of the top 50 most innovative companies of 2013.
Facebook acquired the firm for $85 million in 2013.
In 2014, Parse was reported to power 500,000 mobile apps,.
On 28 January 2016, Facebook announced that it will close down Parse, with services effectively shutting down on 28 January 2017.
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