According to filings with the U.S. Securities and Exchange Commission, AV-Connect dba WideSense is raising $3,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Santosh Alexander played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About AV-Connect dba WideSense
WideSense is a spinoff from UC Berkeley focused on the digital transformation of the mobility industry. The WideSense platform delivers Real-time Mobility Contextual Intelligence to drivers, owners, location commerce partners and vehicle computers – transforming the Digital Experience by driving engagement across all OEM digital assets and enabling a recurring revenue relationship with the consumer. WideSense automatically learns behavior models of drivers, vehicles, vehicle subsystems and mobility patterns from real-world vehicle journey telemetry, route topography, traffic & weather forecasts as well as other data streams. These models are then used to generate real-time predictive insight services. Google, Facebook and Amazon have demonstrated the value in monetizing prediction products. Automakers are in a unique position to leverage their Connected Car investments to monetize Mobility Contextual Intelligence prediction services across todays vehicle platforms and their future MaaS offerings including robotaxi services.

To learn more about AV-Connect dba WideSense, visit http://www.widesense.net/

Contact:
Santosh Alexander, Chief Executive Officer
415-271-0675

SOURCE: http://www.intelligence360.io
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