Tag: connected car

Data automotive startup Otonomo to go public via SPAC

Otonomo, the cloud-based software startup that help companies capture and monetize connected car data, is headed to the public market. The Israeli-based startup said Monday it has agreed to merge with special purpose acquisition company Software Acquisition Group Inc. II with a valuation of $1.4 billion. Otonomo is joining a growing…

Read More

Internet of Cars: A driver-side primer on IoT implementation

Mathew Yarger Contributor Mathew is Head of Mobility and Automotive at the IOTA Foundation, where he develops strategy and solutions around the use of data with distributed ledger technology-based innovations. These solutions focus on enabling flexible and privacy-centric data and value transfer within the public sector for use in smart…

Read More

Otonomo raises $46 million to expand its automotive data marketplace

New vehicles today can produce a treasure trove of data. Without the proper tools, that data will sit undisturbed, rendering it worthless. A number of companies have sprung up to help automakers manage and use data generated from connected cars. Israeli startup Otonomo is one such player that jumped on…

Read More