Mobileye’s Revenue Triples Before Wall Street IPO

July 21, 2014 | According to a “Globes” report, Mobileye collision prevention solutions provider has updated is Wall Street IPO filing with first quarter 2014 results and a list of current shareholders. Mobileye expects the offering at a company value of $3.5-5 billion, especially since the revenue keeps rolling in for the company. “Globes” reports that Mobileye’s first quarter revenue rose by 204% from the corresponding quarter due to a spike in sales to automakers like GM, Nissan, Ford and Volvo, among others. Mobileye is an Israeli startup that has developed a system based on camera and artificial vision technology for automobiles with the purpose of preventing accidents.