Thursday, August 2, 2018

rideOS Finds $25M In Series B

San Francisco-based rideOS, which develops technology in the area of mapping services, whcih it offers up to on-demand transportation services and for the self-driving car market, said this morning that it has raised $25M in a Series B funding round. The funding was led by Next47, and also included Sequoia Capital and ST Engineering Ventures. The company says it has now raised $34M in total. Next47--which is backed by Siemens--said it will join the board of rideOS with the funding, and the two will work together with Next47's Catalyst organization to "leverage the Seiemens ecosystem".