Tech Company Financing Transactions
Nauto Funding Round
Nauto secured a $159 million Series B financing round on 7/20/2017. Investors included BMW i Ventures, General Motors Corporation and SoftBank Group.
Transaction Overview
Company Name
Announced On
7/20/2017
Transaction Type
Venture Equity
Amount
$159,000,000
Round
Series B
Investors
Proceeds Purpose
This funding will help really accelerate the pace of that data gathering effort, giving Nauto the ability to 'more rapidly gather the billions more miles of real driving experience and data required to get a precise understanding of how the best drivers behave behind the wheel,' according to Nauto CEO Stefan Heck.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
220 Portage Ave.
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Undisclosed
Website
Email Address
Overview
NAUTO is building the onramp to an autonomous driving future with an artificial intelligence-powered connected camera network and smart cloud system. NAUTO observes, learns and makes driving safer, easier and more efficient today.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Stefan Heck
Chief Operating Officer
Jennifer Haroon
Chief Technical Officer
Ruslan Belkin
VP - Engineering
Ganesh Thonse
VP - Product Management
Shweta Shrivastava
VP - Sales
Adam Brenner
Browse more venture capital transactions:
Prev: 7/20/2017: Vets First Choice venture capital transaction
Next: 7/20/2017: Carbice venture capital transaction
Share this article
Where The Data Comes From
We document every notable VC transaction. VC transactions on this site are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs