Innoviz Technologies’ Series C Funding Closes at $170 Million

INNOVIZ.TECH posted on 18 Jun 2019

LiDAR sensors and perception software provider Innoviz Technologies secured a $170 million Series C funding round, bringing Innoviz’s total funding to date to $252 million.

Innoviz’s perception software is designed to provide vehicles with superior object detection (with 50 times greater efficiency than industry and academic standards), classification, segmentation and tracking technology to complement Innoviz’s LiDAR hardware offerings.

The company plans to use the funding to support several key initiatives, including the enhancement of Innoviz’s perception software.

Copied

Recent posts

Img

Trigo raises $22M for an automated grocery check-out platform, similar to Amazon Go

Trigo, a computer vision startup out of Tel Aviv that is building check-out-free grocery purchasing systems specifically targeted at large supermarkets, has picked up a Series A round of $22 million led by Red Dot Capital.

18 Jun 2019
Read more

Img

Axonius, a cybersecurity asset management startup, raises $20M in Series B

Cybersecurity asset management startup Axonius has raised $20 million in its second round of funding this year.

18 Jun 2019
Read more

Img

OwnBackup Appoints Adrian Kunzle as Head of Product and Strategy

OwnBackup appoints Adrian Kunzle, former EVP, Platform Products at Salesforce, as Head of Product and Strategy.

18 Jun 2019
Read more