Sibros raised $12 mn from Nexus Venture Partners
Updated: Jul 21
Connected vehicles platform Sibros raised $12 mn in Series A funding by Nexus Venture Partners with participation from Moneta Ventures and Twin Ventures.Sibros plans to use the funding to expand its product offerings, customer engagement, and core teams in Silicon Valley and in other locations it operates in.
Sibros platform helps manage a connected vehicle’s software inventory and configurations. It allows vehicle owners to orchestrate full in-vehicle firmware updates as well as deep data collection from every sensor and component for advanced analytics.
“Sibros has grown rapidly in a short time by building a unique software platform to help global automakers adapt to transportation mega-trends that are reshaping our global economy," said Abhishek Sharma, Principal at Nexus Venture Partners