Parallel Machines

Company Overview

Snapshot

Founded in January 2014 by Ofer Bar-Or and Nisha Talagala, Parallel Machines operated with 1–10 employees. The company was acquired by DataRobot Inc in June 2019.

Business overview

Parallel Machines, also known as ParallelM, developed an analytics platform focused on predicting and detecting mission-critical incidents and failures. The company leveraged advanced online machine learning and deep learning across distributed environments to conduct real-time, multivariate anomaly detection. Its technology served industries requiring predictive analytics and AI-driven operational optimization, operating within the Industrial Technologies sector.

Strategic signal

In September 2018, Parallel Machines was recognized as a "Cool Vendor in Data Science and Machine Learning" by Gartner Research Group. This recognition highlighted the company's innovative approach to applying machine learning and deep learning for anomaly detection, signaling its technological relevance and potential impact within the data science and industrial technologies landscape prior to its acquisition.

Company Intelligence Q&A

When was Parallel Machines acquired?

Parallel Machines was acquired by DataRobot Inc in June 2019.

Which investors participated in Parallel Machines' funding round?

In November 2015, Parallel Machines received funding from 83North and Intel Capital.

What recognition did Parallel Machines receive in 2018?

In September 2018, Parallel Machines was named a "Cool Vendor in Data Science and Machine Learning" by the Gartner Research Group.

When was Parallel Machines founded?

Parallel Machines was founded in January 2014.

Did Parallel Machines receive any patents?

In March 2017, Parallel Machines was assigned a patent.