Peloton Technology (Series A)
Funding Details
Awarder
Inbox
Date Award
July 23, 2015
Vertical
Vehicle Automation
Funding Amount
$17,000,000
Company Info
Organizations Involved
DENSO International America, Intel Capital, Nokia Growth Partners, BP Ventures, Lockheed Martin Corporation, Omnitracs, Sand Hill Angels, UPS Ventures, Volvo Group Venture Capital
Founders
Josh Switkes, Ph.D.
Market
Freight Trucking
Location
Mountain View, California, USA
Coinvestors
DENSO International America, Intel Capital, Nokia Growth Partners
Company Description

Peloton Technology is a Silicon Valley-based vehicle automation company that is bringing new levels of safety, efficiency and analytics to freight trucking. Peloton employs vehicle-to-vehicle communications, active safety systems, vehicle control algorithms, and real-time monitoring to make individual trucks safer and enable platooning by pairs of tractor-trailers. Peloton systems also provide rich contextual data solutions for fleets and other transportation sector customers.

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