SoftBank Vision Fund 2 led a series C round for the driver safety technology developer at a valuation of almost $1bn that also featured M12.
US-based driver safety technology developer Netradyne received $150m yesterday in a series C round led by internet and technology group SoftBank’s Vision Fund 2.
M12, the corporate venturing unit for software provider Microsoft, also took part in the round, as did venture capital firm Point72 Ventures. It valued the company at almost $1bn, according to the Economic Times.
Founded in 2015, Netradyne has developed a fleet dashcam that utilises computer vision and edge computing technology to monitor and analyse driving…
