NEA Leads $34M Series B for Swift Navigation

6/28/17

Swift Navigation said it raised $34 million of Series B financing in a round led by New Enterprise Associates and joined by existing investors Eclipse and First Round Capital.

The company, which is developing highly accurate GPS technology for autonomous vehicles, has now raised $47.6 million .

Swift Navigation plans to use the capital to scale customer deployments and invest in core engineering and R&D.

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