Tech Company Financing Transactions
Drive.ai Funding Round
On 9/29/2017, Drive.ai raised $15 million in Series B financing from Grab and private investors.
Transaction Overview
Company Name
Announced On
9/29/2017
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
Proceeds Purpose
Drive.ai will use the additional funding to expand its talented team, accelerate technological development, grow business partnerships, and open its first office abroad in Singapore.
Company Information
Company Status
Acquired or Merged
Industry
Transportation
Mailing Address
365 Ravendale Dr.
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Undisclosed
Website
Email Address
Overview
Drive.ai is a Silicon Valley start-up founded by former lab mates out of Stanford University's Artificial Intelligence Lab. We are working on creating AI software for autonomous vehicles with deep learning, and are seeking ambitious, bright-minded professionals who will become part of entrepreneurial teams.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sameep Tandon
Chief Operating Officer
Fred Rosenzweig
President
Carol Reiley
Browse more venture capital transactions:
Prev: 9/29/2017: Stockpile venture capital transaction
Next: 9/29/2017: TRIPP venture capital transaction
Share this article
About Our VC Transactions Data
Our team works diligently to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs