Savari develops software and hardware sensor solutions focused on cellular V2X communication to connect vehicles, infrastructure and mobile devices. Its products target automotive manufacturers, the aftermarket and smart-city deployments, and are designed to feed ADAS and next‑generation autonomous and semi‑autonomous systems. Savari’s solutions capture and analyze vehicle performance and control data in real time to give a more complete picture of driving conditions. The company is led by CEO Ravi Puvvala and is headquartered in Santa Clara with offices in Detroit, Munich, Seoul and Bengaluru. Savari completed a $12M Series B financing to support its growth. It intends to use the funds to scale its global presence and integrate its software solutions with cellular platforms. Savari develops and deploys advanced wireless sensor technologies and software for V2X environments, commercializing safety products for vehicle manufacturers, suppliers and smart city projects. The company’s technology is already deployed in the largest V2X safety pilot conducted by the U.S. Department of Transportation. Savari collaborates with automotive manufacturers in engineering and field trials and with industry groups including ITS America, OmniAir Consortium and the Car 2 Car Communication Consortium. The company will use its recent funding to scale software licensing, develop additional hardware and expand operations to Europe and Asia. Leveraging insights from public testing and development, Savari plans to launch an automotive aftermarket solution in summer 2016 that provides situational awareness by exchanging real-time information between connected cars. The company is led by CEO Ravi Puvvala and has offices in Santa Clara (headquarters), Detroit, Seoul and Bangalore.

Total raised

$20M

Funding rounds

2

Latest round

Series B

Latest activity

Apr 2018