Tech Company Financing Transactions
Nauto Funding Round
Nauto closed a $12 million venture capital round on 4/14/2016. Backers included Playground Global and Draper Nexus.
Transaction Overview
Company Name
Announced On
4/14/2016
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Playground Global (Lead Investor) (Bruce Leak)
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
220 Portage Ave.
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Undisclosed
Website
Email Address
Overview
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.
Management Team
Title
Name
Email & Social
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We document every notable VC transaction. VC transactions on this site are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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