Ottometric, an emerging technology leader in the validation of Advanced Driver Assistance Systems (ADAS), announced the successful closing of its $10 Million Series A financing.

The round was led by Schooner Capital, with participation from existing investors Rally Ventures and Proeza Ventures, as well as new investors, including PS27 and Somersault Ventures. The new capital will support Ottometric's rapid growth and accelerate the development of its breakthrough ADAS validation platform.