CompaniesSilicon Valley
2 recordsFinance
Kraken
● San Francisco, CA
Crypto exchange; confidentially filed IPO recently per The Information
Crypto / Web3
Parasail
● San Mateo, CA
AI inference supercloud — pay-per-token GPU access without long-term contracts. San Mateo CA. Founded 2023 by Mike Henry (fmr Mythic, raised $165M) and Tim Harris (fmr Swift Navigation CEO, raised $250M). Launched April 2025. $42M total ($10M seed + $32M Series A April 2026). Series A led by Touring Capital + Kindred Ventures. Also: Samsung NEXT, Flume Ventures, Banyan Ventures. 500B+ tokens/day. 30% MoM revenue growth. Customers: Elicit, mem0, Gravity, Kotoba, Venice. 40 data centers, 15 countries.