Applied Intuition raises $600 million as it pushes further defenses

Buzzy Autonomous Vehicle Software Company Applied Intuition has it Closed The $600 million Series F funding round pushed its valuation up to $15 billion.

The round was co-led by the BlackRock Management Fund and Kleiner Perkins, and included new investments from the Qatar Investment Bureau, Abu Dhabi Investment Council and Greycroft. The general growth fund bonds of existing investors such as Catalyst, Lux, Elad Gil and Mary Meeker also participated.

Applied Intuition’s pay raise comes just a year after completing the $250 million Series E, and the company was valued at $6 billion. The company manufactures software that helps businesses and government agencies develop autonomous vehicle solutions. This includes simulation software and data management.

“When they think, ‘I have this software or AI problem,’ we want them to think of us in general,” CEO Qasar Younis told TechCrunch last year. “Like we want to be that first call.”

Applied Intuition works with most major automakers and self-driving car companies such as Gatik and Kodiak.

The company is also increasingly pushed into defensive spaces. In a newsletter announces the funding round, Applied Intuition shared that it was asked by the US Army to help raise it Autonomous technology for some vehicles. The company was able to ride infantry from “naked bones” to autonomous in just 10 days. This includes the development of a “pedal pushing robot that physically rotates the wheels and pushes the throttle and brake pads.”