San Mateo has raised $4m in funding to develop its sensor platform for tracking tyre performance. The investment was led by Norwest Venture Partners with participation from AngelList and Vulcan Capital. San Mateo uses smart sensors trained by machine learning to monitor the pressure, temperature, rotation and sound of tyres, while also tracking environmental and weather conditions. The company, which last year conducted a trial of the technology with Goodyear, believes the platform can help fleet operators reduce both their consumption and costs while also offering insights into individual driver behaviour.
Revvo has raised $4m in funding to develop its sensor platform for tracking tyre performance. The investment was led by Norwest Venture Partners with participation from AngelList and Vulcan Capital. Revvo uses smart sensors trained by machine learning to monitor the pressure, temperature, rotation and sound of tyres, while also tracking environmental and weather conditions. The company, which last year conducted a trial of the technology with Goodyear, believes the platform can help fleet operators reduce both their consumption and costs while also offering insights into individual driver behaviour.