BMW's corporate venturing unit led mobility software developer RideCell's series A round, which will be used to expand its customer base.
Car manufacturer BMW has led an $11.7m series A round for US-based mobility software developer RideCell through its BMW I Ventures subsidiary.
The round also featured venture capital firm Khosla Ventures and angel investors including Mark Platshon, Michael Granoff, Gokul Rajaram, Mehul Nariyawala and Navneet Dalal.
RideCell is developing software that will power mobility apps to provide users with services such as car and ride sharing, and fixed-route and dynamic transit. It automates end-to-end operations covering fleet management, demand and…
