Announced
Completed
Financials
Tags
Minority
driver assistance systems
Private
Single Bidder
software
Acquisition
Domestic
Venture Capital
Completed
Software
United States
autonomous vehicles
Private Equity
Friendly
Synopsis
Elad Gil, Addition, and Coatue Management led a $175m series D funding round in Applied Intuition, a software company, with participation from Andreessen Horowitz, General Catalyst, and Lux Capital. "Applied is building software to support a big shift in one of biggest consumer purchases—the car. Applied's software is growing to take on multiple aspects of the automotive industry. I'm excited by the work the team has been doing to accelerate the commercialization of autonomous vehicles," Elad Gil.
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