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Atieva Adds $100 Million Venture Capital Funding

Wednesday, May 21, 2014 5:30:00 AM PDT | VentureDeal
   Redwood City, California  --  Software technology company Atieva has secured $100 million in new venture capital funding, according to an SEC regulatory filing.

Atieva has developed software that monitors individual battery cells and controls for battery packs in electric vehicles.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Atieva is still seeking $99.8 million in additional financing, according to the filing.

Not an offer or solicitation for sale of securities.

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