TOKYO, Aug. 19, 2019 /PRNewswire/ -- Tier IV, Inc.
announced that it has raised about $9
million from Quanta Computer, Inc. in a Series A extension
round following the previous $100+ million Series A funding. This
latest funding engages Quanta Computer and Tier IV to develop a new
reference model of electronic control units (ECUs) for autonomous
driving.
The current state of the art in autonomous driving requires
low-power and high-performance ECUs with functional safety
features. The strategic collaboration of Quanta Computer and Tier
IV will discover a desired specification for those ECUs as a
reference model based on the best practice integration of Autoware,
a full-stack open-source software platform for autonomous driving.
Quanta Computer has already developed a prototype of
Autoware-integrated ECUs and conducted a field test using a real
vehicle in cooperation with Tier IV. This core offering of
Autoware-integrated ECUs will support key initiatives in production
of multiple levels of autonomous driving.
About Quanta Computer
Quanta Computer is a Fortune Global 500 Companies and the world's
leading provider for notebook computers and other technology
products. Quanta provides innovative products with superior
technology that range from information, communication, networking,
consumer electronics, and car electronics to cloud computing
infrastructure solution. Founded in 1988, Quanta Computer is
headquartered in Taiwan with major
operation facilities set up in Asia, Canada,
North America, South America, and Europe. Quanta Group currently employs over
90,000 employees worldwide with consolidated revenues amounted to
US$34 billion for fiscal year 2018.
For further information, please visit Quanta Computer's Website
at http://www.quantatw.com
About Tier IV, Inc.
Tier IV, Inc. is a deep-tech startup based in Japan. The corporate mission is "Creative
Disruption". Founded in December 2015, Tier IV has led the
development of the world's first open-source software for
autonomous driving, also known as Autoware, and applied it for the
proof of concept of last-mile driverless mobility and
logistics. Tier IV aspires to achieve its vision
"Democratization of Intelligent Vehicles", where any individuals
and organizations can contribute to a sustainable evolution of
intelligent vehicles, leading to a better society in which all the
people receive new spatiotemporal values.