Sibros

Provides OTA software updates and diagnostics

San Jose, California, United States

About Sibros

Sibros provides a platform for over-the-air (OTA) software updates, data logging, and diagnostics specifically for vehicles. Their system works with various types of vehicles, including cars, trucks, and buses, allowing for continuous software updates throughout the vehicle's life cycle. This ensures that vehicles operate with the latest software, which is crucial for functions like infotainment and Advanced Driver Assistance Systems (ADAS). Sibros also offers real-time data collection from the vehicle's Electronic Control Units (ECUs) for troubleshooting and performance optimization. What sets Sibros apart from competitors is its all-in-one embedded firmware and cloud system that adheres to high safety, security, and privacy standards, such as ISO 26262 and GDPR. The company's goal is to enhance vehicle performance and safety through reliable software management and data insights.

San Jose, CaliforniaHeadquarters
2018Year Founded
$84.1MTotal Funding
SERIES_BCompany Stage
Data & Analytics, Automotive & TransportationIndustries
51-200Employees

Risks

Competition from established firms like Bosch and Continental is intensifying.
Scaling operations to meet large OEM demands poses potential challenges for Sibros.
Rapid tech advancements may require costly updates to Sibros' platform.

Differentiation

Sibros' Deep Connected Platform unifies data collection, software updates, and diagnostics.
The platform supports diverse vehicle types, from motorcycles to heavy machinery.
Sibros meets high safety, security, and privacy standards, including ISO 26262 and GDPR.

Upsides

Growing demand for EV fleet management boosts Sibros' partnerships with companies like Xos.
Sibros' collaboration with Range Energy enhances fleet efficiency through advanced telematics.
Partnerships with companies like FutureMotiv highlight Sibros' role in software-defined vehicle solutions.

Funding

Total raised$84.14 M
Latest valuation$350.00 M
StageSERIES_B