San Francisco California based Cruise is raising $3,000,000,000.00 in New Equity Investment.
San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Cruise is raising $3,000,000,000.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Bill 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 is building the world’s most advanced self-driving vehicles to safely connect people with the places, things, and experiences they care about. Since our 2013 founding in San Francisco, we have hired over 1,600 talented individuals and opened additional offices in greater Seattle, Pasadena, and Phoenix. We have raised $9.25B+ from General Motors, Honda, Microsoft, Softbank, T. Rowe Price, and others. Through our partnerships with General Motors and Honda, we are the only self-driving company with fully integrated manufacturing at scale, building all-electric, zero-emission, self-driving vehicles that will help save lives, reimagine cities, reduce carbon pollution, redefine time in transit, and restore freedom of movement for individuals who live in dense urban settings.
To learn more about Cruise, visit http://www.getcruise.com/
Contact:
Bill Nash, Chief Financial Officer
415-335-4097
https://www.linkedin.com/in/nashwilliam/
SOURCE: http://www.intelligence360.io
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