First publishedon www.ITSInternational.com
San Francisco-based mobility analytics company StreetLight Data has raised $10m of investment funding to build up the capabilities of its StreeLight Insight tool, a software platform that combines big data with processing and analytics tools to support critical planning, investment, infrastructure and policy decisions.
StreetLight Data aggregates data from mobile devices, connected cars and trucks, the internet of things sensors and geospatial databases to offer a suite of analytics which examine mobility behaviour.
The firm will also use the fund to invest in analytic products to help solve transportation issues such as vehicle emissions, the impact of new modes of transport on communities and how to launch autonomous vehicles in a socially positive way.
The fund's investors include Osage University Partners, Deutsche Telekom Capital Partners and Engie New Ventures, a subsidiary of energy provider Engie.