Autonomous Vehicle Startup Fortellix Recruits Former Xilinx CEO for Board
Foretellix develops a standard verification process for autonomous driving technology intended to automate safety testing in self-driving vehicles
Moshe Gavrielov, the former CEO of Nasdaq-listed Xilinx Inc., has joined the board of directors of Tel Aviv-based autonomous vehicle safety startup Foretellix Ltd., the company announced Wednesday. Gavrielov served as Xilinx’s president and CEO in 2008-2018.
Foretellix develops a standard verification process for autonomous driving technology, designed to automate safety testing in self-driving vehicles. Founded in 2010, the company has raised around $16 million to date. Foretellix’s founder Yoav Hollander sold his previous startup, Verisity Ltd., in 2005 for $315 million to California-based Cadence Design Systems Inc.