Venture Capital

Ouster Lidar Raises $42M Series B Funding To Accelerate Digital Lidar Adoption

by vcaonline.com posted 2weeks ago 42 views
With Q3 bookings up 209% YoY, revenue up 62% in the past 12 months, and $140 million raised to date, Ouster is disrupting analog lidar incumbents with its digital lidar technology SAN FRANCISCO, September 8, 2020-- Ouster, the leading provider of high-resolution digital lidar sensors for autonomous transportation, robotics, industrial automation, and smart infrastructure, today announced it has raised $42 million of new investment to fund product development and further accelerate worldwide sales.

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