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Lidar Sensor Manufacturer Ouster Raises $42M

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Ouster, which develops low-cost lidar sensors for autonomous vehicles, robots, and more, has raised $44 million in fresh capital. : Ouster, a San Francisco-based lidar startup that launched out of stealth in December 2017, today secured $42 million in funding, bringing its total raised to $140 million. Cofounder and CEO Angus Pacala says the fresh capital will be used to fund product development and support sales internationally. Lidar sensors are at the core of autonomous vehicle systems like those from Waymo, Uber, Aurora, and Cruise.

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