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Wednesday, April 13, 2016

Nauto raises $12 million for driverless car technology that’s street-legal today

{rss:content:encoded} Nauto raises $12 million for driverless car technology that’s street-legal today http://ift.tt/1S6qvMG http://ift.tt/1Sfk9zY April 13, 2016 at 03:00PM Nauto uses artificial intelligence and image sensors to give drivers help avoiding collisions. Even before the blockbuster acquisition of Cruise Automation by General Motors for more than $1 billion, venture firms were looking for big ideas in autonomous vehicles. The latest company to attract a round of funding for driverless car technology is Palo Alto-based NAUTO, co-founded in 2015 by CEO Stefan Heck and CTO Frederick Soo. Andy Rubin’s hardware focused venture fund,… Read More

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