Peloton Technology Obtains New Financing

  • Feed Type
  • Date
    7/23/2015
  • Company Name
    Peloton Technology
  • Mailing Address
    1060 La Avenida Street Mountain View, CA 94043 USA
  • Company Description
    Peloton Technology Inc. was founded in 2011 by a team of Silicon Valley entrepreneurs to address major pain points of today’s trucking fleets – accidents and fuel costs.
  • Website
    http://www.peloton-tech.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment will accelerate Peloton’s development and deployment of truck platooning technology into the U.S. and international trucking industries.
  • M&A Terms
  • Venture Investor
    Nokia Growth Partners

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