AUTHONOMOUS VEHICLE SOFTWARE fans, APPLED INTUTION MA Closed A young offer of $ 600 million, raising a valuation to $ 15 billion.
The round was jointly run by funds managed by Blackrock and Kleiner Perkins and included latest investments with Qatar Investment Authority, Abu Dhabi Investment Council, Greycroft and others. Current investors General Catalyst, Lux, Elad Gil and Mary Meeker’s Growth Fund also participated.
The increase in intuition applied intuition appears only a yr after the E -series EDA, price $ 250 million, which caused a valuation of a company price $ 6 billion. The company creates software that helps government firms and agencies in developing autonomous vehicle solutions. This includes simulation software and data management.
“When they think:” I have this software or a problem with AI, “generally we want them to think about us,” said the general director of Qasar Youunis last yr. “As if we wanted to be the first call.”
The intuition used works with most principal automotive manufacturers, in addition to with autonomous vehicle firms, similar to Gatik and Kodiak.
The company was more and more often pushed into a defensive space. In his bulletin, when announcing the funding round, it was used that the American army asked for help Autonomous technology for some of your vehicles. The company was able to take a vehicle from an infantry team from “bare bone” to autonomous in just 10 days. This included the study of “a pedal supporting robot to physically turn the wheel and press the throttle and brake pads.”