Tag: Financial
INRIX Secures $70 Million Financing
Connected vehicle and traffic intelligence company INRIX has secured a $70 million financing round from funds managed by Morgan Stanley Investment Management. The funding will be used...
Google Is Laying Off Waze Employees
Despite saying there would be no layoffs in December, Google is transitioning its ad business
Google GOOG 1.88%↑ is laying off employees at its map company Waze, CNBC reported this week. ...
Intel To Sell Part of Mobileye for $1.5 Billion
Lidar manufacturer's stock has doubled since last year's IPO
Intel Corp. INTC 0.00 plans to sell a part of Mobileye Global MBLY 0.00, maker of...
NUVIEW Plans to Map Earth Entirely With Lidar
NUVIEW has announced that it is building the first commercial lidar satellite constellation to map the Earth’s land surface in 3D. The announcement, made at the Geospatial...
Space Force Pauses New GPS Satellite Orders
Too many GPS satellites are awaiting launch...
The U.S. Space Force has announced that it is pausing new orders of GPS satellites as there are several in...
Cognosis Raises $25 Million, Says 2022 Revenue Tripled
Asset tracking company Cognosos has raised $25 million in a growth round led by Riverwood Capital. The company, which has tailored its real-time location services (RTLS) to...
Mappedin Raises $8.6 Million in Series A Funding for Indoor Mapping...
Indoor map creator Mappedin announced last week that it has raised $8.6 million in Series A funding. San Diego-based Channel Equity Partners led the round.
The company said the...
Sheeva.AI Grabs $9.25 Million in Series A Funding
Sheeva.AI has finalized a $9.25 million Series A funding round, led by investors Reynolds and Reynolds Company, with additional funding from Poppe + Potthoff Capital GmbH and Pegasus Tech...
Swift Navigation Raises $100 Million
Company has raised a total of $200 million to expand into ADAS, autonomy, industrial machine control and commercial transportation markets.
Swift Navigation has announced that it...
Hoopo Raises $10 Million in Series A Funding
Israel-based Hoopo last week announced that it has raised $10 million in Series A funding. The round, led by ZIM ZIM 5.72%↑ and theDOCK, brings the total funding raised to...
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