Sonatus, a Sunnyvale, Calif.-based automotive software company, raised $35m in Series A funding.
The round was led by Translink Capital with participation from Hyundai Motor Group’s Kia Corporation, SAIC Capital, LG Electronics, Marvell, UMC Capital, and Wanxiang Group Company.
The company intends to use the funds to accelerate global growth and further expand its roadmap of next-generation software-defined vehicle solutions.
Led by Jeff Chou, CEO and Co-Founder, Sonatus provides software solutions with dynamic capabilities for automakers to remotely add features, remedy problems, manage vehicle data, and more—in real time. The company collaborates with OEMs and their Tier 1 suppliers to integrate its ready-built software-defined solutions into existing electronic control unit (ECU) hardware as well as next-generation vehicle architectures.
Sonatus’ first-generation solution is already in production at a top global automaker.
FinSMEs
21/07/2021