My virtual machine recently became corrupt and wouldn't open (not sure why) so I decided to restore the VM from a Time Machine backup. I restored the entire Parallels folder (where the VM was located). However, after the restore, I noticed that the folder was empty. I entered Time Machine again and the Parallels folder was empty for all backups. Apparently Time Machine didn't backup my VM. I'm super annoyed not only because I lost all my data but also because I can't find the original installation disc/product key. Does Time Machine backup Parallels VM? I think I'm going to bite the bullet and buy a new installation disc. Edit: I'm running the latest version of Mavericks and Parallels. The VM is not present in any of my backups starting from the earliest backup I have (2012).