Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f32667e2-17d8-465b-aa1a-afe75d7aaaf0
Date 4/5/2016
Company Name Comma.ai
Mailing Address Undisclosed San Francisco, 94107 USA
Company Description At launch, Comma software will enable cars already on the road to autonomously navigate highways and interstates, much like Tesla’s autopilot feature, except Comma isn’t placing a limit on how fast the vehicle can go while operating the software.
Proceeds Purposes In the company’s march to full autonomy, Hotz plans to use the cash infusion in his otherwise self-funded company to add a few more engineers to his staff of four full-time employees, and to take Comma to launch by the end of the year, when he hopes to begin selling an aftermarket semi-autonomous kit for under $1000.