CloudCar, Palo Alto, California-based developer of connected driver experiences, received a $15m minority investment from Jaguar Land Rover.
In addition to the investment, Jaguar Land Rover will adopt CloudCar’s cloud services platform.
Led by CEO Philipp Popov, CloudCar leverages machine-learning capabilities tied to various sensors in the car to provide a cloud services platform that allows car manufacturers to improve voice-activated applications and personalization – while maintaining their brand identity and retaining ownership of data.
The company will launch its platform with Jaguar Land Rover’s first fully electric model, Jaguar I-PACE.
FinSMEs
09/01/2017