Tech Company Financing Transactions
Parallel Domain Funding Round
Foundry Group, Calibrate Ventures and Costanoa Venture Capital invested in a $11 million Series A funding round for Parallel Domain. The round closed on 12/10/2020.
Transaction Overview
Company Name
Announced On
12/10/2020
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Investors
Foundry Group (Lead Investor)
Costanoa Venture Capital (Mark Selcow)
Proceeds Purpose
The company intends to use the funds to expand the footprint of its synthetic data generation platform.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
160 Forest Ave.
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Overview
Parallel Domain is a leading provider of 3D environment generation software for autonomous vehicle simulation. Our groundbreaking content generation technology offers configurable, detailed, and massively scalable simulation environments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kevin McNamara
Chief Technical Officer
James Grieve
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