Sonatus: Raises $35M in Series A Financing

Sonatus Raises $35M in Series A Financing

  • Sonatus, a Sunnyvale, Calif.-based automotive software company, raised $35m in Series A funding
  • The round was led by Translink Capital with participation from Hyundai Motor Group’s Kia Corporation, SAIC Capital, LG Electronics, Marvell, UMC Capital, and Wanxiang Group Company
  • The company intends to use the funds to accelerate global growth and further expand its roadmap of next-generation software-defined vehicle solutions
  • The company provides software solutions with dynamic capabilities for automakers to remotely add features, remedy problems, manage vehicle data, and more—in real time
  • The company first-generation solution is already in production at a top global automaker
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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