Perrone Robotics, Inc., a Charlottesville, VA-based robotics software company, received funding from Intel Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to further market and commercialize its robotics software platform offerings.
Led by Paul Perrone, Founder & CEO, Perrone has developed a complete full-stack and real-time capable robotics software platform for autonomous (self-driving) vehicles and general-purpose robotics. The modular framework allows customers to develop partially and fully autonomous vehicle and robotics applications, and enables continuous improvements in systems capabilities, including the seamless addition of new sensors, controls, maneuvers, and behaviors.
Intel Corporation and PRI have also entered into a business collaboration agreement, under which they will collaborate regarding certain technical, marketing and sales activities. As part of this collaboration, Perrone will also work closely with Intel’s portfolio of automotive assets, including identifying software synergies with Intel subsidiary Wind River.