Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Transportation Big Data Solutions Provider Yuantiao Wins RMB 50 Mln Series A

iYiou, 7/31/17

Hangzhou-based transportation big data solutions provider Yuantiao Technology recently announced completion of RMB 50 mln in Series A funding from China Elite Capital and Silicon Valley Bank China. The funding will be used to attract top talent, accelerate innovation, and further expand the company's "big data + smart transportation" product line.

Yuantiao Technology, established in 2013, specializes in products and services for smart transportation big data analysis. According to its official website, its products include an all-in-one machine for traffic condition analysis and an all-in-one machine for optimizing traffic signal timing. The company also offers solutions which cover two main areas, "big data + traffic management" and "big data + transport", as well as special traffic-relieving engineering solutions based on big data analysis. The company provides these solutions through a combination of hardware and software, deploying algorithms on its hardware platform. The platform only requires data input from a car's GPS data, electronic card portals, and various types of traffic sensors, and the platform can then analyze and evaluate road conditions.

Keywords: Yuantiao funding Series A VC Silicon Valley Bank China big data China Elite Capital automobile vehicular traffic hardware Internet

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports