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To Develop Autonomous Vehicle ...Apex.AI, the American company which specializes in various mobility platforms has announced that it has raised venture capital funding worth $15.5M in a series A funding round. The funds were collected from Canaan Partners and Lightspeed Venture Partners. The company unveiled its plans to build software for self-driving vehicles to the public on Thursday.
Dubbed as ROS (Robot operating system), the company is developing a new version of ROS. 10 years back, the software was first developed in a research lab and was utilized by scores of labs and different companies in their autonomous vehicles and robotic innovations. Big players like Microsoft, Intel and Amazon have also used the first version of the software.
ROS is open source software and can be used by anyone without paying any kind of fees or charge. The software exclusively built for researchers who are looking for new projects within a quick span of time, rather than for later stage commercial applications.
The company has plans to develop a version of ROS optimized to not fail. Various operating systems open multiple windows of applications, which eventually create lags of a few milliseconds. But, by using the software in a laptop or a smartphone, but in autonomous cars, it can make the difference between braking in time or not.
The company has the intention to release the new software in 2019.