Announced

Completed

March Capital led a $30m Series B round in Parallel Domain.

Synopsis

March Capital led a $30m Series B round in Parallel Domain, a synthetic data platform for training and testing perception systems, with participation from return investors Costanoa Ventures, Foundry Group, Calibrate Ventures, and Ubiquity Ventures. “Synthetic data will play a critical role in the future of machine learning. Parallel Domain has emerged as a leader in synthetic data for computer vision, providing tremendous value to the largest players in the fields of mobility, autonomous vehicles, and mobile vision. We look forward to working closely with Parallel Domain as they build the elastic compute cloud for data," Julia Klein, March Capital Partner.

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