Roadio has filed a notice of an exempt offering of securities to raise $12,645,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Roadio is raising up to $12,645,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Jonathan Denby 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 Roadio
Lets make biking safer. We build a front/rear dashcam that collects video of your ride, alerts you to prevent collisions, and makes sharing easy to build better bike infrastructure. Were hiring! We won’t rest until two-wheelers are safer than cars. When it comes to safety, modern cars have a huge advantage over their smaller counterparts because they have access to advanced safety features. It’s time for small vehicles to arm themselves with even smarter and safer tech so they can compete on today’s chaotic streets. That’s where we come in. Roadio’s custom-developed neural net processes 240 million pixels a second, reconstructing the vehicle’s 3D environment at greater levels of reliability than those achievable with classical sensing technologies such as radar or ultrasonics.
To learn more about Roadio, visit http://www.roadio.ai/
Contact:
Jonathan Denby, Chief Executive Officer
707-641-4754
https://www.linkedin.com/in/jonathan-denby-650a553b/
SOURCE: http://www.intelligence360.io
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