Innoviz Technologies announced today that it has closed its Series C funding round with $170M secured. The close of the Series C round brings Innoviz’s total funding to $252M.
This funding will support several key initiatives, including the enhancement of Innoviz’s perception software. Innoviz’s perception software remains a significant differentiator for the company by providing vehicles with a deep understanding of the 3D driving scene, including superior object detection, classification, segmentation and tracking technology to complement Innoviz’s LiDAR hardware offerings.
Author: Leena Bedre, SBD