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Platform Science, a transportation technology company based in San Diego, CA, has secured $125 million in growth funding. The infusion of funds will be used to drive innovation in the commercial transportation industry.
CEO Jack Kennedy leads Platform Science, which provides enterprise fleets with a comprehensive platform for managing mobile devices and applications on commercial vehicles. The platform, called Virtual Vehicle®, offers fleets increased efficiency, flexibility, visibility, and productivity. It does not require aftermarket hardware installation and is currently being used by major commercial trucking fleets like C.R. England and Schneider.
The Virtual Vehicle was developed in collaboration with leading OEMs and has accumulated a vast amount of data, generating over a trillion data points across 6 billion miles logged. This has resulted in 15 billion API calls annually, showcasing the platform’s potential for transforming the commercial transportation sector.
Jack Kennedy expressed excitement about the investment, emphasizing the opportunity to drive innovation in the industry. The support from investors reflects confidence in Platform Science’s progress and potential for growth. With strategic backing, the company is poised to make significant advancements in the commercial transportation sector.
Platform Science’s Virtual Vehicle® is a game-changer in the transportation industry as it offers fleets increased efficiency, flexibility, visibility and productivity without requiring aftermarket hardware installation. It is already being used by major commercial trucking fleets like C.R. England and Schneider.
The company has accumulated an enormous amount of data through its Virtual Vehicle platform which generates over a trillion data points across 6 billion miles logged annually.
This data has led to 15 billion API calls which demonstrate how this platform can transform the commercial transportation sector.
Jack Kennedy expressed his excitement about the $125 million investment saying it represents an opportunity to drive innovation within the industry.
He believes that this support from investors reflects their confidence in Platform Science’s progress and potential for growth.
With strategic backing from leading investors like Cummins and Daimler Truck among others, Jack Kennedy sees Platform Science as well-positioned to make significant advancements within the commercial transportation sector.
