Nauto Obtains $12,000,000 New Round

  • Feed Type
  • Date
    4/14/2016
  • Company Name
    Nauto
  • Mailing Address
    161 Homer Street Palo Alto, CA 94301 USA
  • Company Description
    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.
  • Website
    http://www.nauto.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Playground’s Bruce Leak said the Series A investment should help Nauto ramp up manufacturing, and commercial deployments with fleets and cities, while also developing next-generation products.
  • M&A Terms
  • Venture Investor
    Playground Global
  • Venture Investor
    Draper Nexus

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