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Excelfore Receives HELLA, Molex Funding

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Intelligent transportation connectivity provider Excelfore Corp. has received investments from investment company Molex Ventures LLC and automotive lighting developer HELLA. This is the first time that HELLA, through its HELLA Ventures venture capital arm, has invested in Excelfore, following a previously announced collaboration on bidirectional over-the-air software updating and data gathering for automotive components. Molex also invested in the Excelfore Series A round of funding. Excelfore is focused on smart mobility with middleware for in-vehicle and vehicle-to-cloud...Read full article

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    Published: November 2018
    BusinessExcelforeMolex VenturesHellaventure capitalinvestmentfundingeSyncsmart carsautomotiveAmericaslight speed

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