Sonatus Raises $75M in Second Funding
Sonatus, a Sunnyvale, CA-based automotive software program firm, raised $75M in Second funding.
The spherical was led by Hon Hai Know-how Group.
The corporate intends to make use of the funds to speed up development, broaden operations and its enterprise attain.
Led by CEO Jeffrey Chou, Sonatus is accelerating automobile software program innovation and the transition in direction of software-defined autos. Its platforms and merchandise enable automotive firms and their ecosystem to innovate sooner and ship steady enhancements in prices, capabilities, reliability, and consumer expertise over the automobile lifespan. Sonatus’ software program platform is in manufacturing in Hyundai, Kia, and Genesis autos, together with a number of Genesis automotive and SUV fashions. It’s also used within the Hyundai Ioniq 6, and others, and will likely be in thousands and thousands of automobiles by 2023.
Mixed with the sooner Collection A spherical, Sonatus has now raised over?$110M USD?from enterprise capital, strategic companions and clients.
Sonatus is headquartered in?Sunnyvale, CA, with workplaces in?Paris, France?and?Seoul, Korea.
Shishir Gupta, The Founder & CEO of StartupLanes said,
Sonatus Raises $75M in Second Funding. May this new business bring you huge success and fulfillment.
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