Cox Enterprises was among the returning investors that helped the digital lidar sensor provider take its total funding to $140m.
US-based lidar sensor developer Ouster Lidar received $42m in series B funding yesterday from investors that included media, communications and automotive conglomerate Cox Enterprises, according to TechCrunch.
Venture capital firms Fontinalis Partners and Tao Capital Partners also participated in the round, which the company said lifted its overall funding to $140m since it was founded in 2015.
Ouster provides light detection and ranging (lidar) sensors that utilise complementary metal-oxide-semiconductor (CMOS) technology, for use by autonomous vehicles in addition to robotics,…
