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Phiar Technologies Secures $12 Million Series A And Names Google Head Of Android Automotive Platforms As Ceo

Sep 27, 2021•almost 4 years ago

Amount Raised

$12 Million

Round Type

series a

Redwood City

Description

Phiar Technologies, a market leader in AI-powered Augmented Reality navigation for driving, today announced the close of a new $12 million Series A funding round and the hiring of new CEO Gene Karshenboym, formerly Google's Global Head of Android Automotive Platforms. The new Series A fund was led by State Farm Ventures that includes new investors Cambridge Mobile Telematics and Telenav, and previous investors Norwest Venture Partners, The Venture Reality Fund, and GFR Fund. The funding will further accelerate Phiar’s business with OEMs and Tier-1 partners in the automotive industry.

Company Information

Company

Phiar Technologies

Location

Redwood City, California, United States

About

Founded in 2017, Phiar Technologies is an ultra-lightweight computer vision AI company and emerging leader in augmented reality driving navigation technology for the automotive industry. Phiar combines its patented innovations in deep learning AI and AR into a new form of driving navigation platform to enhance safety, facilitate more intuitive wayfinding and connect drivers with their surrounding environments. Phiar is based in Redwood City, California, with investor backing from State Farm Ventures, Norwest Venture Partners, The Venture Reality Fund, GFR Fund, Cambridge Mobile Telematics, Telenav, Anorak Ventures, Mayfield Fund, Zeno Ventures, Cross Culture Ventures, Y Combinator, Innolinks Ventures and Half Court Ventures. For more information, visit www.phiar.net.

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