[ Drive.ai raises $50M in Series B ]

Drive.ai has raises $50 million in Series B funding.

Founded in 2015, Drive.ai is creating AI software for autonomous vehicles using deep learning, which they believe is the key to the future of transportation.

The funding will be used to scale the Silicon Valley startup and expand its global reach.

Funding  Series B
Founded  2015
Country  USA
City  Mountain View, California
Founder / CEO  Sameep Tandon
Deal Size  $50M
Investors  New Enterprise Associates
 Northern Light Venture Capital
 GGV Capital
 HOF Capital
Previous Investors  InnoSpring Seed Fund
 Northern Light Venture Capital
 Oriza Ventures