April 30, 2018
ParallelM Selected for Microsoft ScaleUp Tel Aviv Accelerator Program

Sunnyvale, Calif., April 30, 2018 – ParallelM, one of the fastest growing new companies in machine learning operationalization, today announced that it has been selected to participate in the Microsoft ScaleUp program, a prestigious program designed to support fast-growth technology businesses.

The Microsoft ScaleUp program selects organizations developing innovative enterprise-ready technology solutions that align with the Microsoft product suite, including the Microsoft Azure cloud platform. The immersive program will provide ParallelM access to the full Microsoft ecosystem, including sales, marketing and technical support, to support ParallelM’s rapid expansion and drive continued innovation on the Azure cloud platform. The program works with companies in eight locations worldwide.

ParallelM’s MLOps™ machine learning (ML) operationalization solution is the first software solution to help companies deploy, manage and scale machine learning in production. MLOps manages the full Production-ML lifecycle through a single, unified software solution that automates and optimizes the continuous deployment and integration of ML, ensures live ML model management, outcome quality and governance, while empowering data science and operations teams with innovative visualization and collaboration capabilities.

“We are thrilled that Microsoft has recognized ParallelM’s work and selected us to be among the innovative companies in the Microsoft ScaleUp program,” said Sivan Metzger, CEO of ParallelM. “By having direct access and insight from Microsoft Azure engineers, we will be able to better support our customers who are on Azure by becoming a more seamless extension to the Microsoft set of machine learning tools. We look forward to working with the Microsoft team to drive the continued rapid growth of our solution on the Microsoft platform.”

ParallelM launched MLOps earlier this year and is currently working with multiple companies in the financial services, healthcare and technology industries to help them maximize the business value of their machine learning and AI investments.

“Microsoft ScaleUp is focused on supporting innovative, emerging technologies in the AI and machine learning space, which is why we chose ParallelM for our program,” said Navot Volk, Microsoft ScaleUp Tel Aviv’s managing director. “With its MLOps solution, ParallelM is helping companies blaze their path to deploying and scaling ML in production, which is perfectly aligned with our Azure growth strategy. We look forward to supporting the Company’s global expansion and collaboration with Microsoft teams.”

MLOps can be deployed on cloud, on premise, or in hybrid scenarios and works across distributed computing platforms such as Apache Spark™, TensorFlow™, Apache Flink®, and PyTorch. MLOps also integrates with leading data science and AI developer platforms such as H20, DataRobot, Dataiku and Jupyter.

About ParallelM
ParallelM is the first and only company completely focused on delivering and scaling production-ML. ParallelM’s breakthrough MLOps™ solution is built specifically to power the deployment and management of machine learning pipelines in production, so that companies can scale machine learning delivery across their business applications. ParallelM’s approach is that of a single, unified solution that embeds best practice processes in technology, enabling collaboration across all ML stakeholders to unlock the business value of AI. Please visit www.parallelm.com or email us at info@parallelm.com.

ParallelM and MLOps are trademarks of Parallel Machines, Inc. All other trademarks are the property of their respective registered owners. Trademark use is for identification only and does not imply sponsorship, affiliation, or endorsement.

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