Audi Partnering With Israel’s Cognata in Autonomous Vehicles

TechNation | Car2Go app lets owners of leased cars rent them out for short periods ■ BigID raises $30 million for big-data privacy protection tools

A Cognata live system.
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Audi partnering with Israel’s Cognata in autonomous vehicles

German carmaker Audi has partnered with autonomous vehicle simulation platform provider Cognata to speed up the development of autonomous vehicles, the Israel-based startup said on Tuesday. Cognata said its simulation platform virtually recreates real-world cities, provides a range of testing scenarios, including traffic models that simulate realistic conditions, prior to physical roadway tests of autonomous vehicles. Audi, through its self-driving car unit Autonomous Intelligent Driving GmbH, is the first major carmaker to sign a multi-year partnership on Cognata’s platform, which will help it reduce the time to get its autonomous cars to market. “At AID, we are convinced that simulation is a key tool to increase our development speed and a necessary one for the validation of our product and for proving it is safe,” AID chief technology officer Alex Haag said. “After exploring various solutions, we decided that partnering with Cognata is the fastest way to reach these goals,” Haag added. (Reuters)

Car2Go app lets owners of leased cars rent them out for short periods

Car2Go, the Israeli automobile-sharing company, wants to become the Airbnb of cars. Under its MyCar2Go program announced on Tuesday, people who lease cars for two or three years from the company will have the option of sub-letting them for short periods to other drivers via an app and make money from their cars when they’re not using them. The app will contain data on makes and models available, where they are parked and how long they can be rented. Renters can access the car and start it via the same smartphone app. The cost for one-time use of a car will range between 15 and 30 shekels ($4-$8) an hour and 1 and 2 shekels a kilometer, depending on the make and model. For now, MyCar2Go will only be available in Tel Aviv and a few suburbs and Jerusalem, which CEO Gil Laser explained was because they were the only areas with enough supply and demand. (Meirav Moran)

BigID raises $30 million for big-data privacy protection tools

BigID, which helps big companies deal with privacy issues relating to their data, said on Monday it had raised $30 million in new funding, less than five months after completing a $14 million round. The new capital infusion was led by Scale Venture Partners and joined by existing investors ClearSky Security, Comcast Ventures, BOLDstart Ventures, Information Venture Partners and the SAP.iO Fund. BigID will use the funding for marketing and to accelerate product introductions. Big companies often don’t know what data they possess until it’s been hacked. Using artificial intelligence-based platform enables companies to protect, manage and control personally identifiable user and employee information by examining a company’s disparate data stores. Based in the U.S. with its engineering headquarters in Tel Aviv, BigID was founded two years ago by Israelis Dimitri Sirota and Nimrod Vax, two veterans of the identity, data protection and big data markets, and has raised $46.1 million to date. (TheMarker Staff)