- May 12, 2017
- Posted by:
- Category: FundingSMEs.com
DeepMap has raised $25 million in Series A funding.
Founded in 2016, DeepMap develops and offers a mapping and real-time localization software infrastructure for self-driving vehicles. The technology maps road environment to the centimeter level, tells the self-driving vehicle precisely where it is and shares updates with other vehicles running off DeepMap’s platform, in real time when needed. The technology also manages the associated data in a very cost-efficient and highly scalable manner.
The company will further expand and optimize its HD mapping and localization platform, and continue to selectively expand its team of exceptional and rare mapping and self-driving talent.
|City||Palo Alto, California|
|Founder / CEO||James Wu|
|Previous Investors||Andreessen Horowitz|