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Parallel Domain provides synthetic data solutions designed to speed up the development of autonomous systems, such as self-driving cars and delivery drones. The company generates synthetic labeled datasets, simulation environments, and controllable sensor feeds, which help teams working on perception, machine learning, and data operations to develop, train, and test their algorithms in a safe and efficient manner. Unlike many competitors, Parallel Domain offers a user-friendly API that allows clients to easily integrate their services, reducing the need for extensive real-world testing. The company's goal is to streamline the development process for autonomous technologies by providing high-quality synthetic data, ultimately making it easier and faster for companies to bring their autonomous systems to market.
Company Stage
Series B
Employees
11-50
Industries
Robotics & Automation, Enterprise Software, AI & Machine Learning
Total Funding
$42.7M
Headquarters
Palo Alto, California
Founded
2017
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