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        Platform Science, a provider of IoT-based fleet management solutions, has raised USD 125 million in a growth funding round, led by 8VC, NewRoad Capital Partners, and Prologis Ventures. The funding round brings the company's total capital raised to USD 309 million.
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        The funds will be used to accelerate the addition of more original equipment manufacturer (OEM) partners, increase the number of on-vehicle applications for the company's technology, and increase the number of service partnerships.
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    <a href="https://www.freightwaves.com/news/platform-science-secures-125m-to-grow-oem-partnerships">
      <b>Freight Waves</b>
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Truck Industry Tech

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 <p>IoT-based fleet management solutions provider, Platform Science, has secured USD 125 million in a growth funding round. This round was led by 8VC, NewRoad Capital Partners, and Prologis Ventures. The recent funding has increased the company's total capital raise to USD 309 million.</p>
 <p>The raised capital will be directed towards speeding up the addition of more Original Equipment Manufacturer (OEM) partners, enhancing the company's on-vehicle applications, and broadening the company's service partnerships.</p>
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Platform Science raises USD 125 million in growth funding

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The provided HTML code is a simple div element containing an unordered list (ul). The list contains two list items (li), each containing a paragraph (p) tag. 

The first li describes a partnership between Platform Science, a provider of fleet management solutions, and Irdeto, a cybersecurity company. The partnership aims to integrate Irdeto's digital key solution, Keystone, into Platform Science's fleet management platform.

The second li explains that this partnership will allow users of Platform Science to access Keystone, a digital key solution that provides proximity-based vehicle access using Bluetooth Low Energy technology. This integration will enable fleet managers to manage access to their vehicle fleet and receive real-time updates on fleet activities. <p><b>Analyst QuickTake: </b> Platform science leverages partnerships with technology companies to enhance its product offering. Recently, the company partnered with <a href="https://sp-edge.com/companies/283968"> Uptake </a> to provide predictive maintenance capabilities for truck fleets <a href="https://sp-edge.com/updates/20499"> (July 2023) </a> and <a href="https://sp-edge.com/companies/1617576"> CAT Scale </a> to integrate the latter’s truck weighing and location finder solutions into its products <a href="https://sp-edge.com/updates/16422"> (February 2023). </a> It has other product integrations with technology providers, including <a href="https://sp-edge.com/updates/16422"> Drivewyze </a> , <a href="https://sp-edge.com/updates/16422"> Lytx </a> , <a href="https://sp-edge.com/updates/16422"> CoPilot </a> , and <a href="https://sp-edge.com/updates/16422"> E-SMART </a> .&nbsp;</p>

All Updates

Platform Science raises USD 125 million in growth funding

Platform Science partners with Irdeto offer digital key solution to fleet managers

Platform science partners with Uptake to provide predictive maintenance capabilities for truck fleets

Platform Science receives minority equity investment from PACCAR

Platform Science announces partnership with CAT Scale

Platform Science enters a strategic partnership with Kenworth

Platform Science signs a collaborative agreement with Paccar

Platform Science partners with Walmart to enhance driver experience and visibility

Platform Science to integrate ‘Virtual Vehicle’ into Navistar trucks

Platform Science raised USD 115 million in Series C funding

Truck Industry Tech

Platform Science raises USD 125 million in growth funding

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