StreetLight Data, Inc., a San Francisco, CA-based mobility analytics company that uncovers real-world travel patterns, closed $10M in Series C funding.
Backers included Osage University Partners, Engie New Ventures, DTCP (Deutsche Telekom Capital Partners), and other undisclosed investors.
The company intends to use the funds to invest in new product innovations that create the analytics required to tackle the biggest questions confronting transportation, including: Climate changing emissions from transportation, the impact of new modes of transportation such as ride share on communities, cost effective and resilient infrastructure investment, and how to launch autonomous vehicles in socially positive and productive ways. The financing will also accelerate StreetLight’s targeted geographic expansion.
Led by CEO Laura Schewel, StreetLight Data provides an online platform that transforms the massive amount of geospatial data produced by mobile devices, connected cars and trucks, IoT sensors, and geospatial databases into useful transportation behavior information for smart city leaders, transportation experts, and urban planners.
The company serves clients including transportation agencies at federal, state, regional and city levels, transportation engineering and consulting firms, and private transportation companies including ride share, automaker, and IoT firms.
FinSMEs
08/08/2018