USA – Ottometric, a Waltham, MA-based technology company which specializes in the validation of Advanced Driver Assistance Systems (ADAS), raised $4.9M in Seed funding.
The round was led by Rally Ventures, with participation from Goodyear Ventures, Proeza Ventures, Automotive Ventures, Trucks VC, Reinforced Ventures and Investor Collaborative.The company intends to use the funds to accelerate growth, expand customer base, and accelerate transformation of the ADAS development and validation process for driver assistance systems.Led by CEO Joseph Burke, Ottometric is a software company that focuses on automating and streamlining the validation and training processes for Advanced Driver Assistance Systems (ADAS). Founded in 2019 the company provides its automation solutions to OEMs, Tier-1 and Tier-2 suppliers whose current development and validation methods are manual-intensive, slow, and costly. 14/02/2023
