Autonomous vehicle mapping start-up Carmera has raised $20m for expansion, launched a product update and announced a joint venture with New York City. The company said it had received $21m in funding from investors including the US Department of Transportation, Nasdaq OMX Group Inc Carmera also has a “site intelligence product,” a jargon term that means the company provides spatial data and street analytics (like how pedestrians move within a particular intersection) to urban planners. The New York City firm’s high-definition map is available to autonomous-car makers and robo-taxis and uses data from Carmera’s vehicle fleet monitoring service. The firm has also added a real-time events and change-management engine to the map system and said it will start sharing pedestrian analytics and construction detection data with the Department of Transportation.
Autonomous vehicle mapping start-up Carmera has raised $20m for expansion, launched a product update and announced a joint venture with New York City. The company said it had received $21m in funding from investors including the US Department of Transportation, Nasdaq OMX Group Inc The New York City firm’s high-definition map is available to autonomous-car makers and robo-taxis and uses data from Carmera’s vehicle fleet monitoring service. The firm has also added a real-time events and change-management engine to the map system and said it will start sharing pedestrian analytics and construction detection data with the Department of Transportation.