Applied Intuition secures $40 mn Series B funding for autonomous vehicle simulation
California-based Applied Intuition, which supplies software tools and infrastructure for autonomous vehicle development worldwide, has recently announced that the company has closed a $40 million Series B funding led by General Catalyst. This brings company’s total external capital raised to $51.5 million, Applied Intuition said in a release adding that it plans to use the funding to accelerate its growth as the leading end-to-end software infrastructure provider for autonomous system development and continue its international expansion.