# MobilEye

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mobileye

- Industry: Software
- Headquarters: Israel
- Website: www.mobileye.com
- Total disclosed funding: $15M
- Latest round: Series D (Dec 31, 2003)
- Investors on record: 6

## About

Based in Israel, MobilEye specializes in advanced driver-assistance systems (ADAS) and autonomous driving technologies, enhancing vehicle safety and facilitating the transition to fully autonomous driving.MobilEye was founded in 1999 in Israel and focuses on developing autonomous driving technologies. The company had a significant pivot when it launched its IPO in January 2014, raising USD 890 mn. The founders include Alon Cohen, Amnon Shashua, Jonathan Lin, and Ziv Aviram, with Amnon Shashua serving as CEO. In March 2017, Intel Corporation acquired MobilEye for USD 15.30 bn, marking a major shift in operational strategy.Mobileye specializes in advanced driver-assistance systems (ADAS) and autonomous driving technologies designed for vehicle safety. Their offerings include Mobileye Base ADAS, Mobileye Surround ADAS, Mobileye SuperVision, Mobileye Chauffeur, and Mobileye Drive, catering to various levels of automation and driver engagement. These systems utilize computer vision and proprietary algorithms to analyze real-time driving environments. Mobileye's technologies are adopted by automobile manufacturers, fleet operators, and public transport agencies across North America, Europe, and Asia-Pacific.In 2017, MobileEye generated revenue of USD 4.31 mn, while reporting an EBITDA loss of USD -27.98 mn for the same year. Their revenue model involves B2B partnerships with automotive manufacturers and fleet operators, which includes licensing agreements for their ADAS technologies, resulting in ongoing royalties from vehicle integrations.Following its IPO in January 2014, MobilEye aims to utilize the proceeds to expand its global presence and support the growth of its product offerings. The company is set to launch new products in the autonomous driving space, continuing to innovate and enhance their existing technologies. MobilEye plans to target expansion in the European and Asia-Pacific markets by 2025, with funding from its acquisition by Intel Corporation being allocated to enhance operational capabilities and increase market penetration.

## Funding rounds

- Series D, Dec 31, 2003, $15M — Solid Investment Alternatives Group, Motorola Solutions Venture Capital, Delek Group Ltd., Colmobil Group, Eldan, FIBI Holdings Ltd.

## Investors

- Solid Investment Alternatives Group — Series D
- Motorola Solutions Venture Capital (https://capitalatlas.ai/funds/motorola-solutions-venture-capital) — Series D
- Delek Group Ltd. — Series D
- Colmobil Group — Series D
- Eldan — Series D
- FIBI Holdings Ltd. — Series D