6 Vehicle-to-Vehicle (V2V) Communication Startups
Summary
The company has raised $75 million through four rounds of funding to date, and their product comes in the form of a chipset that aims to provide V2X solutions that offer reliability, security, positioning accuracy and ease of installation. The company has forged an enviable reputation for the excellent performance and robust security of its V2X software stack that is hardware agnostic and compatible with multiple RTOS (real-time operating systems) as well as wireless technologies including 802.11p, 4G/LTE and the upcoming 5G. Onboard (OBU) and Roadside Units (RSU) together with integration kits and software tools complete the portfolio for Automotive and Smart City applications. Commsignia is involved in V2X pilots with leading OEMs and Tier 1 companies and has supported deployments including the European C-ITS corridor, Compass 4D in the UK and US DOT Tampa Hillsborough Expressway. With V2V functionality being mandated in the United States by 2023, these companies won’t have to worry about the speed at which this technology is being developed and with the size of the auto industry, there’s room for more than one winner.