Mobileye

Autonomous Driving and Driver-assist Technologies

Automotive & Mobility Technologies
Acquired by Intel on Mar 2017

Company Overview

Snapshot

Founded in May 1999 by Ziv Aviram, Mobileye operates with over 4,000 employees. The company has raised a total of $3.28B across 10 funding rounds from 15 investors. Mobileye was acquired by Intel in March 2017 and later went public on NASDAQ in October 2022, raising $860M at a $21B valuation.

Business overview

Mobileye is a technology company specializing in vision-based advanced driver-assistance systems (ADAS) for collision prevention and mitigation. Its core technology utilizes computer vision algorithms to interpret real-time scenes from vehicle-mounted cameras, identifying and classifying objects such as vehicles, pedestrians, cyclists, and road markings. This information enables real-time decision-making, providing drivers with warnings and, in some cases, initiating automatic corrective actions to avoid accidents. The company serves the automotive industry, operating in sectors like autonomous and connected vehicles, and leveraging AI, machine learning, and computer vision technologies.

Strategic signal

In September 2024, Mobileye faced challenges related to cost-saving measures and evolving technologies, prompting a re-evaluation of its sensor strategies. This indicates a strategic pivot within the autonomous driving sector, suggesting that even established leaders are adapting to market pressures and technological advancements, which could impact future product development and partnerships.

Company Intelligence Q&A

When did Mobileye go public on NASDAQ?
Mobileye went public on NASDAQ in October 2022, raising $860M at a $21B valuation.
Who acquired Mobileye and when?
Mobileye was acquired by Intel in March 2017.
What significant strategic alliance did Mobileye forge in September 2023?
In September 2023, Mobileye forged a strategic alliance in autonomous driving with FAW Group.
What was a key operational development for Mobileye in September 2024?
In September 2024, Mobileye began rethinking its sensor strategies due to cost-saving measures and evolving technologies.
What recent leadership appointment did Mobileye make?
In September 2023, Mobileye named Moran Shemesh Rojansky as its Chief Financial Officer.

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