Skully, Inc., a San Francisco, CA-based maker of intelligent vehicle systems, completed an $11m Series A financing.
The round was led by Walden Riverwood Ventures and Intel Capital with participation from Formation 8, Techstars, Eastlink Capital and Western Technology Investments. In conjunction with the funding, Nicholas Brathwaite, partner at Walden Riverwood Ventures, and Victor Westerlind, director of Intel Capital, joined Skully’s board.
The company intends to use the funds for development of its intelligent vehicle systems and for the fulfillment of a pre-order campaign on Indiegogo, which reached over $3.4M in pre-orders.
Founded in Silicon Valley in 2013 and led by Dr. Marcus Weller, founder and CEO, Skully has launched the AR-1 motorcycle helmet, which eliminates blindspots with a wide-angle camera and provides navigation directions via a proprietary heads-up display technology.
The company is hiring.