HomeFinTechSonatus: Raises $35M in Series A Financing

Sonatus: Raises $35M in Series A Financing

Date:

UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law

Landmark decision finds payment giants’ multilateral interchange fees unlawful,...

UK Tribunal Rules Visa and Mastercard Fees Violate Competition Law

Landmark Decision Could Reshape Payment Processing Landscape Highlights: The UK...

Belgium Prosecutors Investigate Worldline Local Unit for Potential Misconduct

An In-Depth Look into the Probe and Its Implications...

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
Exit mobile version