San Francisco California based Cruise is raising $1,082,016,090.00 in Equity Investment.
San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Cruise is raising $1,082,016,090.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, William Nash 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 Cruise
Cruise vehicles are purpose-built for self-driving at a dedicated GM manufacturing plant. Our cutting-edge hardware and software work seamlessly together to transform the way we all experience transportation. Self-driving vehicles are one of the greatest engineering challenges of our generation. The potential to save millions of lives, reshape our cities, give people more time, and restore freedom of movement for many motivates our teams at Cruise everyday. We are committed to being a great citizen in the cities we serve, starting here in San Francisco. We work closely with local organizations and community groups to build an all-electric, self-driving service that works for all of us.
To learn more about Cruise, visit http://www.getcruise.com/
Contact:
William Nash, Chief Financial Officer
415-688-4573
https://www.linkedin.com/in/nashwilliam/
SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved