Mobileye raises $400 million to help put self-driving cars on the road before Google

Mobileye is competing with Google in the space of driverless technology.

Mobileye, a self-driving car startup, announced the closing of a $400M financing round by firms BlackRock, Fidelity Management, Wellington Management, Sailing Capital and Enterprise Rent-A-Car. The round makes Mobileye the highest valued, privately held tech company in Israel with a total market value estimated at $1.5B.

Continue reading… “Mobileye raises $400 million to help put self-driving cars on the road before Google”

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