San Diego, CA – According to filings with the U.S. Securities and Exchange Commission, Comma.ai is raising $9,999,860.00 in new funding. Sources indicate as part of senior management President, George Hotz 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 Comma.ai
Commas mission is to provide a solution to enhance peoples drives, on cars they already own. We believe that driver assistance features, like automated highway driving, in conjunction with a monitoring system that checks the drivers attention, will be a significant step forward in reducing driving stress and road accidents. In 2016, comma launched an open source software project called openpilot, which includes a comprehensive suite of driver assistance features. openpilot is compatible with almost every new Honda and Toyota sold in the US, plus other selected car models. Combined, this amounts to approximately 5 millions cars in the US alone. As older cars gets replaced by newer ones, we estimate this number to grow to tens of millions over the next 23 years.

To learn more about Comma.ai, visit http://comma.ai/

Contact:
George Hotz, President
858-779-4335
ghotz@comma.ai
https://www.linkedin.com/in/george-hotz-b3866476/

SOURCE: http://www.intelligence360.io
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