Flextronics-backed fund Eclipse and Qualcomm invested in the second round closed by Swift, which is developing GPS technology to help self-driving cars navigate roads.
Swift Navigation, a US-based developer of GPS technology for self-driving cars, has received $11m in series A funding from a consortium featuring Qualcomm Ventures, wireless communications technology developer Qualcomm’s investment unit.
The round was led by Eclipse Ventures, a $125m hardware fund managed by venture firm Formation 8 and backed by supply chain management company Flextronics.
New Enterprise Associates, Promus Ventures, First Round Capital, Felicis Ventures, Fall Line Capital and incubator Lemnos Labs also participated in the round.
Swift Navigation’s…
