Platform Science, a San Diego, CA-based connected vehicle platform, raised $115m in Series C funding.
The round was led by SoftBank Vision Fund 2 with participation from Chimera, as well as existing investors 8VC, Daimler, Prologis, NextPlay, and Four More Capital. As part of the funding round, David Boriss, Director at SoftBank Investment Advisers, will join Platform Science’s Board of Directors.
The company intends to use the funds to expand the reach of its innovative transportation solutions and make it easier for fleets to develop, deploy, and manage mobile devices and applications on commercial vehicles.
Led by Jack Kennedy, co-founder & CEO, Platform Science provides a transportation technology platform for enterprises to develop, deploy, and manage mobile devices and applications on commercial vehicles.
The company recently launched Virtual Vehicle®, which was developed in collaboration with Daimler Truck North America. Virtual Vehicle is an open OEM platform that enables fleets to access telematics, software solutions, real-time vehicle data, and third-party applications directly from their vehicles. In addition, Platform Science works with many carriers, including Schneider National, Werner Enterprises, and U.S. Xpress, Inc., among others, as well as with technology leaders such as Drivewyze, Samsung, and Great Dane.
FinSMEs
03/02/2022