Tech Company Financing Transactions
Ottometric Funding Round
Ottometric, based in Boston, secured $4.9 million in investment from Rally Ventures, Automotive Ventures and Goodyear.
Transaction Overview
Company Name
Announced On
2/14/2023
Transaction Type
Venture Equity
Amount
$4,900,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth, expand customer base, and accelerate transformation of the ADAS development and validation process for driver assistance systems.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
155 Seaport Blvd 1600
Boston, MA 02210
USA
Boston, MA 02210
USA
Phone
Undisclosed
Website
Email Address
Overview
Ottometric has radically transformed ADAS validation and AV training with a software platform that automates and streamlines the validation and training process, helping companies save millions $ in development costs, while improving system reliability and ultimately saving lives.
Management Team
Title
Name
Email & Social
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