Will Parallelz make the App Store obsolete?
Will Parallelz make the App Store obsolete?
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Parallelz raises $3M to instantly run any mobile app or game in a browser without quality loss or changes

  • Posted byby Dean Takahashi
  • Updated
  • 8 min

Parallelz has raised $3 million for its tech that enables mobile games and apps to run instantly in a browser with no loss in quality, no downloads, no performance losses, and no need to change the coding. You can get instant gratification in starting a game or an app.

It has raised a relatively a small amount of money, but Parallelz could be quite strategic in creating change across the mobile industry, as its platform could challenge the app store duopoly that extracts a 30% fee from the gaming ecosystem, according to Parallelz CEO Albert Lai.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.