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Investors Are Pouring Millions Into a Startup That Could Speed the Development of Self-Driving Cars

July 19, 2017

Via: Fortune
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Nauto, the automotive tech startup that uses a combination of artificial intelligence, cameras, motion sensors, and GPS to understand and improve driver behavior, has raised $159 million from a diverse group of investors that includes General Motors, venture capital firm Greylock Partners, and the Softbank Group Corp.

Greylock Partners and Softbank led this Series B financing round. Reid Hoffman, a partner at Greylock (and a co-founder of LinkedIn), will also be appointed to Nauto’s board along with Softbank partner Shu Nyatta.

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