Ottometric Closes $4.9M Seed Funding Round
- 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
- The company 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
