Billerica, MA – According to filings with the U.S. Securities and Exchange Commission, ClearMotion is raising $39,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Shakeel Avadhany played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About ClearMotion
ClearMotion is a global automotive technology company founded out of MIT in 2009. The company is commercializing the worlds first proactive ride system to improve the quality of time in motion. In 2009, Shak, Zack and a few friends began designing a means by which energy could be generated from off-road terrain (back-EMF allows for regeneration while providing damping force). A few years later, while trying to work in the backseat of an Uber, it became clear that high-bandwidth actuation was the real breakthrough needed, and so began the journey of creating the fastest, most advanced proactive ride system in the world. ClearMotion has emerged with a product for modern vehicle platforms – partnering with Bridgestone, Qualcomm, and a host of auto suppliers to introduce the technology into production vehicles. The company acquired the Bose Ride business, Project Sound active suspension, and other predictive road-sensing software from Bose, incorporating 40 years of pioneering active suspension research, along with a new product line of fully active seats that augment our vision to transform the quality of time in motion.

To learn more about ClearMotion, visit http://www.clearmotion.com/

Contact:
Shakeel Avadhany, Chief Executive Officer
617-313-0822
https://www.linkedin.com/in/shakeel-avadhany-38582013/

SOURCE: http://www.intelligence360.io
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