What is CloudCar?
CloudCar is at the forefront of developing advanced connected car technology, specifically targeting global automotive original equipment manufacturers (OEMs). The company's core innovation lies in its platform, which seamlessly integrates machine learning capabilities with voice-first infotainment systems. This synergy aims to deliver a highly personalized and intuitive driver experience, enhancing safety and convenience on the road. Founded in 2011 and headquartered in Santa Clara, California, CloudCar also maintains a global presence with offices in the UK, France, Germany, and China. Its contributions to the automotive technology landscape were recognized in 2019 when it was named Global IoT Cloud Company of the Year and listed among the 20 most promising Automotive Technology Solution Providers.
How much funding has CloudCar raised?
CloudCar has raised a total of $58M across 3 funding rounds:
Series A
$11.5M
Private Equity
$15M
Series B
$31.5M
Series A (2012): $11.5M, investors not publicly disclosed
Private Equity (2017): $15M led by JAGUAR LAND ROVER
Series B (2017): $31.5M, investors not publicly disclosed
Key Investors in CloudCar
JAGUAR LAND ROVER
Jaguar Land Rover Automotive PLC is a British multinational automobile manufacturer known for its luxury vehicles and SUVs. As Britain's largest automotive manufacturer and part of Tata Motors, JLR is deeply invested in advancing automotive technology, including electrification and in-car experiences, making them a strategic partner for CloudCar's connected car innovations.
What's next for CloudCar?
The substantial enterprise-level backing and recent strategic investment position CloudCar for accelerated growth and market expansion. With a focus on enhancing the driver's experience through sophisticated AI and voice-first technology, the company is poised to deepen its partnerships with automotive OEMs worldwide. Future developments are likely to center on further integrating its platform into next-generation vehicle architectures, potentially exploring new applications for its technology in autonomous driving and advanced driver-assistance systems. This strategic financing will fuel ongoing research and development, enabling CloudCar to solidify its leadership in the connected car ecosystem.
See full CloudCar company page
