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Parallel Development

Full company profile

uuid003839c

Namestring
Parallel Development
Legal namestring
Parallel Development Ltd
Websiteurl
parallel.nyc
Company typeenum
Private
Founded yearint
1999
Descriptiontext

Parallel Development is a Brooklyn-based design and fabrication studio founded around 1999 that specializes in custom electronic media systems and large-scale LED installations for artists, architects, museums, galleries, and corporate clients. The firm delivers end-to-end project execution spanning design, engineering, fabrication, installation, and maintenance, operating from a vertically integrated facility at 810 Humboldt Street in Greenpoint equipped with 6-axis robotic milling, 3-5 axis CNC machining, AWS-certified structural welding, electronics assembly, and rapid prototyping capabilities.

The company's underlying technology includes proprietary LED emitter boards with 16-bit color depth and no visible flicker, FPGA-based video control systems (the Roxie board), an open-source embedded multimedia platform (Rosie, built on Gumstix), custom capacitive touch sensing, and an extensive Python computational design library that enables rapid iteration on complex geometry beyond CAD capabilities. These tools are deployed across signature installations including The Prow (250,000+ pixels, 65-foot ellipsoidal chandelier at 30 Hudson Yards for WarnerMedia), The Beacon (1,536-panel data-display chandelier at PNC Tower), Volume installations for Leo Villareal at the Smithsonian Renwick Gallery and the Durst Organization, Jenny Holzer's For SAAM at the Smithsonian American Art Museum, and Aviary at Dubai Mall.

Parallel Development generates revenue through three streams: project-based custom installation contracts with enterprises and cultural institutions, direct sales of made-to-order proprietary LED lighting products (Spingere pendant, Polyhedra geometric pendant, Tokamak wall-mounted luminaire), and engineering consulting services for projects led by other firms or artists. The company is privately held, independently owned with no disclosed institutional investors or venture capital backing, and maintains long-standing strategic partnerships with elite design firms including ESI Design, Höweler + Yoon Architecture, and Diller Scofidio + Renfro. Geographic reach spans the United States, the UAE, Spain, and the UK.

Short descriptiontext

Parallel Development is a Brooklyn-based design and fabrication studio founded around 1999 that specializes in custom electronic media systems and large-scale LED installations for artists, architects, museums, galleries, and corporate clients across the U.S., UAE, and Europe.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersBrooklyn, United States
HQ citystring
Brooklyn
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
custom LED fabrication, electronic media systems, architectural lighting installations, LED control systems, design fabrication studio
Industry1 code
1Lighting Controls & Building Integration (Drivers, sensors, dimming, lighting control panels, networked lighting)
CodeIMAGAIAIPrimaryYes
NAICS code1 code
  • Electric Lighting Equipment Manufacturing3351
SIC code1 code
  • Electric Lighting & Wiring Equipment3640
Product category
Custom LED Display Fabrication and Lighting Systems
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Custom Installation Projects
TypeOne Time License
Description

Design, engineering, fabrication, installation, and maintenance of custom electronic media installations for artists, architects, and corporate clients. Revenue generated through project-based contracts ranging from gallery installations to large-scale public and corporate commissions.

parallel.nyc
2LED Lighting Products
TypeOne Time License
Description

Sale of proprietary LED lighting fixtures including Spingere (pendant luminaire), Polyhedra (geometric pendant), and Tokamak (wall-mounted luminaire). Products are made to order with customization options for LED temperature, finishes, and software.

parallel.nyc
3Engineering Consulting Services
TypeProfessional Services
Description

Technical consulting services including design, engineering consulting, and fabrication for projects led by other firms or artists. Includes software development and integration support.

parallel.nyc
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales
Pricing details3 tiers
1Custom LED lighting fixtures - made to order
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Made to order in Brooklyn, NY with 8-week typical lead time. Ships fully assembled and tested with canopy and installation kit. Customization of LED temperature, finishes, and software available on request.

parallel.nyc
2Polyhedra geometric pendant fixture
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Prices available upon request. Ships fully assembled and tested. Customization of LED temperature, finishes, and software available upon request.

parallel.nyc
3Tokamak wall-mounted luminaire
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Prices available upon request. Ships fully assembled and tested. Customization of LED temperature, finishes, and software available on request.

parallel.nyc
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Parallel Development designs, engineers, fabricates, and installs custom electronic media systems and LED installations for artists, architects, museums, and corporate clients. The studio also manufactures and sells three proprietary made-to-order LED lighting fixtures (Spingere, Polyhedra, Tokamak) and provides engineering consulting and software integration services. All work is supported by an in-house Brooklyn fabrication facility with CNC machining, robotic milling, structural welding, and electronics assembly.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Supported 250,000+ pixels at high refresh rates with power and data distribution miniaturized to disappear into installation
+2 more records
Product overview1 text field

Parallel Development is a design and fabrication studio specializing in electronic media systems and custom LED displays. The company offers a portfolio of three proprietary lighting products—Spingere (pendant luminaire), Polyhedra (geometric pendant), and Tokamak (wall-mounted luminaire)—alongside underlying technology subsystems including custom LED technology and video control systems. Beyond product sales, the company provides comprehensive project-based services for collaborative installations with designers, artists, and architects, encompassing project management, design, engineering, fabrication, installation, and maintenance. Their in-house fabrication studio in Greenpoint, Brooklyn supports both manual and CNC machinery including 6-axis robotic milling and AWS certified structural welding.

Product and service5 records
1Spingere
CategoryLighting Product
Description

A cord-suspended pendant luminaire with dynamic LED media for illumination. Features no flicker, complete digital dimming, and high color rendering. Controlled over Wi-Fi from any browser, it displays both static and moving content while maintaining constant light output. Made to order in Brooklyn, NY with typical 8-week lead time and ships fully assembled and tested.

2Polyhedra
CategoryLighting Product
Description

A geometric pendant fixture based on a spherically projected geodesic polyhedra section. Features 20 custom programmable LED strips capable of static and moving content, controllable over Wi-Fi from any browser. Prices available upon request; ships fully assembled and tested with customization available for LED temperature, finishes, and software.

3Tokamak
CategoryLighting Product
Description

A wall-mounted or pendant luminaire with curved LED strips mounted to a CNC machined core, intersecting in a toroidal form. Uses light enhancing film and optical elements to disperse light, with thousands of individually controlled LED light sources. Prices available upon request; ships fully assembled and tested with customization available.

4Custom LED Installation Projects
CategoryCustom Installation Services
Description

End-to-end design, engineering, fabrication, installation, and maintenance of custom electronic media installations for artists, architects, museums, and corporate clients. Project-based contracts cover everything from gallery installations to large-scale public and corporate commissions (e.g., The Prow at Hudson Yards, Multiverse at National Gallery of Art, Volume at Renwick Gallery).

5Engineering Consulting and Design Services
CategoryConsulting and Engineering Services
Description

Technical consulting services including design, engineering consulting, and fabrication for projects led by other firms or artists. Includes custom electronics development, FPGA-based control system design, Python computational design, and software integration support.

Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2019-01-01
Description

Long-standing collaboration with ESI Design on multiple major installations including The Prow at Hudson Yards (WarnerMedia) and The Beacon at PNC Tower. Parallel provides design, engineering consulting, fabrication, and installation supervision for ESI's conceptual designs.

Strategic tierSupportTypeTechnology or IntegrationAnnounced on2019-01-01
Description

Structural engineering partnership for The Prow installation. Craft Engineering designed tension cable system while Parallel handled fabrication and installation of the 65' chandelier.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2014-01-01
Description

Collaboration on Charles James: Beyond Fashion at the Metropolitan Museum of Art, providing robotic installation design, engineering, and software support for exhibit.

4Robert Silman Associates
Strategic tierSupportTypeTechnology or IntegrationAnnounced on2012-01-01
Description

Structural engineering partnership for Hive installation at MTA Bleecker Street transfer, developing robust aluminum structure clad in stainless steel.

parallel.nyc
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2011-01-01
Description

Collaboration on multiple interactive installations including Aviary at Dubai Mall and Lo-Rez/Hi-Fi. Joint concept development, engineering, and fabrication partnership for complex interactive projects.

Strategic tierSupportTypeTechnology or IntegrationAnnounced on2011-01-01
Description

Structural engineers collaborated on Aviary project for base glazing detail using elastomer to support glass tubes in stainless sockets.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

New York-based experiential design firm and Parallel's long-standing strategic partner on projects such as The Prow (Hudson Yards) and The Beacon (PNC Tower). Comparable as a peer/partner for signature experiential installations serving corporate and cultural clients.

TypeDirect peer
Description

New Jersey-based custom LED and event lighting design/installation firm serving concerts, corporate events, and architectural installations. Comparable in custom LED system design and integration for entertainment/experiential clients.

TypeDirect peer
Description

Montreal-based multidisciplinary studio producing immersive multimedia environments and large-scale LED/media installations for museums, airports, and public spaces. Most direct comparable to Parallel's custom LED electronic media work and artist/architect collaboration model.

TypeDirect peer
Description

Immersive art installation company producing permanent, large-scale interactive environments with custom lighting and electronics. Comparable in artist-driven installation model and signature experiential environments.

TypeBroad incumbent
Description

Established lighting integrator offering design, rental, and integration of theatrical, architectural, and event lighting systems. A broader incumbent with deeper resources but less specialization in custom LED electronic media art.

TypeOthers
Description

Studio of the LED artist whose work Parallel has repeatedly fabricated (Volume, Cylinder, Pace Gallery pieces). Adjacent rather than competing — represents the artist-side counterpart of the custom fabrication value chain Parallel serves.

TypeOthers
Description

Boston-based architecture firm and Parallel collaborator on Aviary (Dubai Mall) and Lo-Rez/Hi-Fi. Comparable as a design partner in the same installation ecosystem rather than a direct competitor; useful reference for the architectural-firm side of the value chain.

TypeDirect peer
Description

International digital art collective producing large-scale immersive LED and projection installations for museums, branded spaces, and exhibitions globally. Comparable in delivering signature, technically complex installations with high artistic prestige.

TypeOthers
Description

New York-based architecture firm that commissioned Parallel for the Met's Charles James: Beyond Fashion exhibition. Comparable as a recurring client/partner for high-profile cultural and architectural commissions involving custom electronics.

TypeDirect peer
Description

Custom LED display and lighting solutions provider serving architectural facades, public art, and entertainment venues. Directly comparable as a custom LED fabricator working at scale on art/architecture commissions.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers12 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Parallel Development

Custom LED Display Fabrication and Lighting Systemsparallel.nyc

Parallel Development is a Brooklyn-based design and fabrication studio founded around 1999 that specializes in custom electronic media systems and large-scale LED installations for artists, architects, museums, galleries, and corporate clients across the U.S., UAE, and Europe.

What Parallel Development does

Parallel Development is a Brooklyn-based design and fabrication studio founded around 1999 that specializes in custom electronic media systems and large-scale LED installations for artists, architects, museums, galleries, and corporate clients. The firm delivers end-to-end project execution spanning design, engineering, fabrication, installation, and maintenance, operating from a vertically integrated facility at 810 Humboldt Street in Greenpoint equipped with 6-axis robotic milling, 3-5 axis CNC machining, AWS-certified structural welding, electronics assembly, and rapid prototyping capabilities.

The company's underlying technology includes proprietary LED emitter boards with 16-bit color depth and no visible flicker, FPGA-based video control systems (the Roxie board), an open-source embedded multimedia platform (Rosie, built on Gumstix), custom capacitive touch sensing, and an extensive Python computational design library that enables rapid iteration on complex geometry beyond CAD capabilities. These tools are deployed across signature installations including The Prow (250,000+ pixels, 65-foot ellipsoidal chandelier at 30 Hudson Yards for WarnerMedia), The Beacon (1,536-panel data-display chandelier at PNC Tower), Volume installations for Leo Villareal at the Smithsonian Renwick Gallery and the Durst Organization, Jenny Holzer's For SAAM at the Smithsonian American Art Museum, and Aviary at Dubai Mall.

Parallel Development generates revenue through three streams: project-based custom installation contracts with enterprises and cultural institutions, direct sales of made-to-order proprietary LED lighting products (Spingere pendant, Polyhedra geometric pendant, Tokamak wall-mounted luminaire), and engineering consulting services for projects led by other firms or artists. The company is privately held, independently owned with no disclosed institutional investors or venture capital backing, and maintains long-standing strategic partnerships with elite design firms including ESI Design, Höweler + Yoon Architecture, and Diller Scofidio + Renfro. Geographic reach spans the United States, the UAE, Spain, and the UK.

Parallel Development firmographics

Firmographics
Name
Parallel Development
Legal name
Parallel Development Ltd
Website
https://parallel.nyc
Company type
Private
Founded year
1999
Operating status
Operating
Short description
Parallel Development is a Brooklyn-based design and fabrication studio founded around 1999 that specializes in custom electronic media systems and large-scale LED installations for artists, architects, museums, galleries, and corporate clients across the U.S., UAE, and Europe.
Ownership category
akta.pro rank

Parallel Development industry classification

Industry
Product category
Custom LED Display Fabrication and Lighting Systems
NAICS
Electric Lighting Equipment Manufacturing (3351)
SIC
Electric Lighting & Wiring Equipment (3640)
akta.pro primary industry
Lighting Controls & Building Integration (Drivers, sensors, dimming, lighting control panels, networked lighting) (IMAGAIAI)

Keywords

  • Custom LED fabrication
  • Electronic media systems
  • Architectural lighting installations
  • LED control systems
  • Design fabrication studio

Where Parallel Development is headquartered

Location

Headquarters

HQ city
Brooklyn
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Parallel Development business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

  1. Custom Installation Projects: Design, engineering, fabrication, installation, and maintenance of custom electronic media installations for artists, architects, and corporate clients. Revenue generated through project-based contracts ranging from gallery installations to large-scale public and corporate commissions.
  2. LED Lighting Products: Sale of proprietary LED lighting fixtures including Spingere (pendant luminaire), Polyhedra (geometric pendant), and Tokamak (wall-mounted luminaire). Products are made to order with customization options for LED temperature, finishes, and software.
  3. Engineering Consulting Services: Technical consulting services including design, engineering consulting, and fabrication for projects led by other firms or artists. Includes software development and integration support.

Pricing tiers

ModelBillingPrice
One time/ perpetual licensePay-as-you-goCustom LED lighting fixtures - made to order
One time/ perpetual licensePay-as-you-goPolyhedra geometric pendant fixture
One time/ perpetual licensePay-as-you-goTokamak wall-mounted luminaire

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Parallel Development product offering

Product offering

Core offering

Parallel Development designs, engineers, fabricates, and installs custom electronic media systems and LED installations for artists, architects, museums, and corporate clients. The studio also manufactures and sells three proprietary made-to-order LED lighting fixtures (Spingere, Polyhedra, Tokamak) and provides engineering consulting and software integration services. All work is supported by an in-house Brooklyn fabrication facility with CNC machining, robotic milling, structural welding, and electronics assembly.

Product overview

Parallel Development is a design and fabrication studio specializing in electronic media systems and custom LED displays. The company offers a portfolio of three proprietary lighting products—Spingere (pendant luminaire), Polyhedra (geometric pendant), and Tokamak (wall-mounted luminaire)—alongside underlying technology subsystems including custom LED technology and video control systems. Beyond product sales, the company provides comprehensive project-based services for collaborative installations with designers, artists, and architects, encompassing project management, design, engineering, fabrication, installation, and maintenance. Their in-house fabrication studio in Greenpoint, Brooklyn supports both manual and CNC machinery including 6-axis robotic milling and AWS certified structural welding.

Differentiator

Problem solved

Functional benefit

Products and services

  • Spingere A cord-suspended pendant luminaire with dynamic LED media for illumination. Features no flicker, complete digital dimming, and high color rendering. Controlled over Wi-Fi from any browser, it displays both static and moving content while maintaining constant light output. Made to order in Brooklyn, NY with typical 8-week lead time and ships fully assembled and tested.
  • Polyhedra A geometric pendant fixture based on a spherically projected geodesic polyhedra section. Features 20 custom programmable LED strips capable of static and moving content, controllable over Wi-Fi from any browser. Prices available upon request; ships fully assembled and tested with customization available for LED temperature, finishes, and software.
  • Tokamak A wall-mounted or pendant luminaire with curved LED strips mounted to a CNC machined core, intersecting in a toroidal form. Uses light enhancing film and optical elements to disperse light, with thousands of individually controlled LED light sources. Prices available upon request; ships fully assembled and tested with customization available.
  • Custom LED Installation Projects End-to-end design, engineering, fabrication, installation, and maintenance of custom electronic media installations for artists, architects, museums, and corporate clients. Project-based contracts cover everything from gallery installations to large-scale public and corporate commissions (e.g., The Prow at Hudson Yards, Multiverse at National Gallery of Art, Volume at Renwick Gallery).
  • Engineering Consulting and Design Services Technical consulting services including design, engineering consulting, and fabrication for projects led by other firms or artists. Includes custom electronics development, FPGA-based control system design, Python computational design, and software integration support.

Quantifiable outcome

  • Supported 250,000+ pixels at high refresh rates with power and data distribution miniaturized to disappear into installation
  • +2 more outcomes

Companies that use Parallel Development

Customer profile

Named customers12 records

Segments5 records

Ideal customer profiles5 records

Parallel Development technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature7 records

Parallel Development partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core and support.

  • ESI DesigncoreStrategic or Co-development Partner · 1 January 2019Long-standing collaboration with ESI Design on multiple major installations including The Prow at Hudson Yards (WarnerMedia) and The Beacon at PNC Tower. Parallel provides design, engineering consulting, fabrication, and installation supervision for ESI's conceptual designs.
  • Craft EngineeringsupportTechnology or Integration · 1 January 2019Structural engineering partnership for The Prow installation. Craft Engineering designed tension cable system while Parallel handled fabrication and installation of the 65' chandelier.
  • Diller Scofidio + RenfrocoreStrategic or Co-development Partner · 1 January 2014Collaboration on Charles James: Beyond Fashion at the Metropolitan Museum of Art, providing robotic installation design, engineering, and software support for exhibit.
  • Robert Silman AssociatessupportTechnology or Integration · 1 January 2012Structural engineering partnership for Hive installation at MTA Bleecker Street transfer, developing robust aluminum structure clad in stainless steel.
  • Höweler + Yoon ArchitecturecoreStrategic or Co-development Partner · 1 January 2011Collaboration on multiple interactive installations including Aviary at Dubai Mall and Lo-Rez/Hi-Fi. Joint concept development, engineering, and fabrication partnership for complex interactive projects.
  • Knippers HelbigsupportTechnology or Integration · 1 January 2011Structural engineers collaborated on Aviary project for base glazing detail using elastomer to support glass tubes in stainless sockets.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Parallel Development competitors and assessment

Company assessment

Direct peers

  • ESI Design: New York-based experiential design firm and Parallel's long-standing strategic partner on projects such as The Prow (Hudson Yards) and The Beacon (PNC Tower). Comparable as a peer/partner for signature experiential installations serving corporate and cultural clients.
  • SJ Lighting: New Jersey-based custom LED and event lighting design/installation firm serving concerts, corporate events, and architectural installations. Comparable in custom LED system design and integration for entertainment/experiential clients.
  • Moment Factory: Montreal-based multidisciplinary studio producing immersive multimedia environments and large-scale LED/media installations for museums, airports, and public spaces. Most direct comparable to Parallel's custom LED electronic media work and artist/architect collaboration model.
  • Meow Wolf: Immersive art installation company producing permanent, large-scale interactive environments with custom lighting and electronics. Comparable in artist-driven installation model and signature experiential environments.
  • teamLab: International digital art collective producing large-scale immersive LED and projection installations for museums, branded spaces, and exhibitions globally. Comparable in delivering signature, technically complex installations with high artistic prestige.
  • Artech Lighting: Custom LED display and lighting solutions provider serving architectural facades, public art, and entertainment venues. Directly comparable as a custom LED fabricator working at scale on art/architecture commissions.

Broad incumbents

  • Vincent Lighting Systems: Established lighting integrator offering design, rental, and integration of theatrical, architectural, and event lighting systems. A broader incumbent with deeper resources but less specialization in custom LED electronic media art.

Others

  • Leo Villareal Studio: Studio of the LED artist whose work Parallel has repeatedly fabricated (Volume, Cylinder, Pace Gallery pieces). Adjacent rather than competing — represents the artist-side counterpart of the custom fabrication value chain Parallel serves.
  • Höweler + Yoon Architecture: Boston-based architecture firm and Parallel collaborator on Aviary (Dubai Mall) and Lo-Rez/Hi-Fi. Comparable as a design partner in the same installation ecosystem rather than a direct competitor; useful reference for the architectural-firm side of the value chain.
  • Diller Scofidio + Renfro: New York-based architecture firm that commissioned Parallel for the Met's Charles James: Beyond Fashion exhibition. Comparable as a recurring client/partner for high-profile cultural and architectural commissions involving custom electronics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Parallel Development social profiles

Digital presence

Parallel Development financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Parallel Development leadership team

Management profile

Number of profiles

Parallel Development funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Parallel Development M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Parallel Development

What does Parallel Development do?

Parallel Development designs, engineers, fabricates, and installs custom electronic media systems and LED installations for artists, architects, museums, and corporate clients. The studio also manufactures and sells three proprietary made-to-order LED lighting fixtures (Spingere, Polyhedra, Tokamak) and provides engineering consulting and software integration services. All work is supported by an in-house Brooklyn fabrication facility with CNC machining, robotic milling, structural welding, and electronics assembly.

Is Parallel Development a public or private company?

Parallel Development is a private company. It is classified as unknown and is currently operating.

When was Parallel Development founded?

Parallel Development was founded in 1999.

Where is Parallel Development based?

Parallel Development is headquartered in Brooklyn, United States, in the North America region.

How does Parallel Development make money?

Three revenue lines are on record. Custom Installation Projects are the primary driver. The others are LED Lighting Products and engineering Consulting Services.

Who are Parallel Development's main competitors?

Direct peers on record are ESI Design, SJ Lighting, Moment Factory, Meow Wolf, teamLab and Artech Lighting. Vincent Lighting Systems is listed as a broad incumbent. Others are Leo Villareal Studio, Höweler + Yoon Architecture and Diller Scofidio + Renfro.

Does Parallel Development have an API?

No public API is recorded for Parallel Development.

What industry is Parallel Development in?

Parallel Development's product category is Custom LED Display Fabrication and Lighting Systems. Its primary akta.pro industry code is IMAGAIAI, Lighting Controls & Building Integration (Drivers, sensors, dimming, lighting control panels, networked lighting). Its NAICS code is 3351 and its SIC code is 3640.

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