March 28, 2017, Updated March 27, 2017

Autotalks, a leader in V2X (Vehicle to Everything) communication solutions, recently announced the completion of its Series D round with $30 million to expand its worldwide operations and accelerate deployment of technologies for safer and smarter autonomous vehicles.

The new funding comes on the heels of Israel’s biggest high-tech exit, Intel’s $15.3 billion acquisition of Mobileye, and cements the country’s role as a pioneer of cutting-edge connected car technologies.

“Our mission to equip vehicles with such lifesaving technology is now being adopted by the regulators and leading car manufacturers. I believe our chipsets will soon be part of most new vehicles worldwide,” said Hagai Zyss, Autotalks’ CEO.

The new funding round for Autotalks includes the company’s existing investors including  Magma Venture Capital, Gemini Israel Fund, Amiti Fund, Mitsui & Co. Global Investment, Liberty Ventures and Delek Motors, as well as new financial investors like Fraser McCombs Ventures, Vintage Investment Partners and Samsung Catalyst Fund.

Autotalks was founded in 2008. It is considered a V2X-chipset market pioneer and leader providing OEMs, Tier-1 and Tier-2 customers with comprehensive V2X solutions.

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Jason Harris

Jason Harris

Executive Director

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