PALO ALTO, Calif., May 20, 2019 (GLOBE NEWSWIRE) -- Red Herring announced last week, NautoⓇ, an AI-technology company that’s improving the safety of commercial fleets today and the autonomous fleets of tomorrow, has been recognized as a winner of the Red Herring Top 100 North America 2019 award. The Red Herring Top 100 North America 2019 awards recognize the continent’s most exciting and innovative private technology companies.
Companies were judged by industry experts, insiders, and journalists on a wide variety of criteria including financial performance, innovation, business strategy, and market penetration. The Red Herring Top 100 North America 2019 awards have become not only a springboard for some of tech’s biggest names but a valued and trusted tool for venture capitalists, experts and analysts predicting trends at the industry’s sharpest edge.
Red Herring’s editors have been evaluating the world’s startups and tech companies for over two decades. It gives them the ability to see through the industry’s hype to pick firms that will continue on a trajectory to success. Brands such as Alibaba, Google, Kakao, Skype, Spotify, Twitter, and YouTube have all been singled out in Red Herring’s storied history.
"We are honored to be named a Red Herring’s Top 100 North America award winner—one of the technology industry's most prestigious prizes,” said Jennifer Haroon, COO, Nauto. “We’re pleased Red Herring recognizes Nauto’s AI-technology has made a significant impact in reducing distracted driving and the overall risk of collisions.”
“What has excited me most is to see so many people forging niches in high-tech and cutting edge sectors,” said Alex Vieux, publisher and chairman of Red Herring. “Some of the technical wizardry and first-rate business models showcased here at the conference has been fantastic to learn about. We believe Nauto embodies the drive, skill, and passion on which tech thrives. Nauto should be proud of its achievement - the competition was incredibly strong.”
About Nauto
NautoⓇ is an AI-technology company that’s improving the safety of commercial fleets today and the autonomous fleets of tomorrow. Nauto’s intelligent driver safety system assesses how drivers interact with the vehicle and the road ahead to reduce distracted driving and help prevent collisions. With this knowledge, Nauto is powering the development of self-driving technology that brings the best of human driving to autonomy. Nauto is located in North America, Western Europe, and Japan. Nauto is backed by SoftBank Vision FundGroup Corp., Greylock Partners, BMW iVentures, General Motors Ventures, Toyota AI Ventures, Allianz Group, Playground Global and DNX Ventures. More information about Nauto is available at www.nauto.com, or on LinkedIn, Facebook and Twitter.
Nauto, Nauto Coach, and Nauto Prevent are registered trademarks of Nauto, Inc. and its subsidiaries worldwide. ###