Tech Company Financing Transactions
Intelligent Traffic Control Funding Round
Intelligent Traffic Control closed a $5 million Series A funding round on 11/30/2022. Backers included Champel Capital and Mobilitech Capital.
Transaction Overview
Company Name
Announced On
11/30/2022
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Champel Capital (Lead Investor) (Amir Weitmann)
Proceeds Purpose
We are thrilled to be joining Champel's impressive portfolio of companies as we focus on scaling globally," said Dvir Kenig, Co-Founder and CTO of Intelligent Traffic Control (ITC).
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
121 Dvora HaNevi'a St.
Tel Aviv, Undisclosed
IL
Tel Aviv, Undisclosed
IL
Phone
Website
Email Address
Overview
ITC is the brain behind the traffic grid: measuring traffic, predicting congestion and mitigating it through smart manipulation of traffic lights, long before jams begin to form.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Aharon Brauner
Chief Technical Officer
Dvir Kenig
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Where The Data Comes From
We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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