Kevin Mandia’s new ‘agent swarm’ security startup Armadin raises $255.5M at $2.5B valuation

Senate Bill 1246, which was signed into law by Gov. Gavin Newsom, sets a series of new rules for AVs designed to improve safety and response times when they become disabled or interfere with emergency responders.

Last year at Disrupt, we spoke with founders about their experiences and discovered the results of their attendance firsthand.

The company said in aregulatory filingthat it believes the settlement will allow it to avoid the “costs and distraction of protracted litigation and enable management to maintain its focus on executing its business objectives.”The settlement stems from a lawsuit filed by the…