Sibros Raises $70 in Funding to Power the Connected Vehicle Ecosystem


Connected vehicle platform company Sibros announced its $70 million Series B funding round to fuel the company’s expansion to meet strong global demand and provide large customer deployments of its vertically integrated connected vehicle platform.

As automakers have moved to a new software-defined vehicle paradigm, they must deliver fully connected products at scale across a complex ecosystem of vendors, software, and data dependencies. This complexity is further increased with the many safety and security requirements that must be met along the way. Keeping connected vehicles continuously up-to-date while collecting relevant data to improve product functionality are tough priorities with today’s siled approach to automotive software, often supported by custom development and manual work.

Sibros provides automakers with a single source of truth and visibility into all software and data for globally connected fleets while automating workflows for complete over-the-air vehicle software updates, data collection data and remote diagnostics in an industry-compliant manner. By seamlessly connecting software and data from edge to cloud in a vertically integrated system, Sibros helps automakers accelerate time to market, reduce code defects, and enable hundreds of test cases. use of connected vehicles globally.

Connected vehicle technologies have grown over the past decade, but remain fragmented, requiring engineering and professional services to integrate and support, working on limited sets of vehicle architectures. Unlike these legacy solutions, Sibros’ solution works on any vehicle architecture, connecting all chips and sensors to the cloud for holistic software management and rich data insights while meeting key functional security, cybersecurity and data privacy. This flexible, compliant, and vertically integrated approach helps OEM customers realize value in weeks to rapidly deploy deep connected capabilities across their end-to-end brand portfolios.

Customers using Sibros include a rapidly growing list of the world’s most established car, truck, bus, 2-wheeler and tractor manufacturers, as well as disruptive new EV startups in the solar and commercial space .

Hemant Sikaria, CEO and co-founder of Sibros
The last two years have been a period of extreme growth at Sibros as we move towards a multi-million vehicle rollout and we are delighted to have the support of investors who believe in our team and understand the problem we are solving. .

Shawn Cherian, partner at EIP, who joins the board of directors of Sibros
Sibros is at the center of the future of connected and electrified vehicles with its impressive team and disruptive product that enables automotive software and data to work better together. Our investment in Sibros is part of our quest to partner with companies solving unique challenges at the intersection of mobility and electrification.


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