Airbiquity Inc.

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Airbiquity Inc. - overview

Established

1997

Location

Seattle, WA, US

Primary Industry

Software

About

Airbiquity Inc. is a Seattle-based company specializing in advanced software solutions for connected vehicles, focusing on over-the-air updates and data management, enhancing functionality and security for automakers globally. Founded in 1997 and headquartered in Seattle, US, Airbiquity Inc. provides software solutions for connected vehicles.


The company has undergone various strategic developments since its inception. It raised USD 15 mn in venture funding in March 2019 from investors, including DENSO Corporation, Toyota Motor Corporation, and Toyota Tsusho Corporation, bringing its total amount raised to USD 15 mn. The company has completed six deals to date, with its most recent deal occurring in March 2019. Kamyar Moinzadeh serves as the CEO.


Airbiquity® specializes in providing advanced software solutions for connected vehicles and devices, focusing on over-the-air (OTA) updates and comprehensive data management. Their core product offerings include the OTAmatic® Software Management Platform, which facilitates the secure orchestration and automation of multi-ECU OTA software update campaigns. This platform is designed to simplify the deployment of software updates across numerous vehicle systems, enhancing both functionality and security for automakers. The DATAmatic™ Edge Data Platform supports automated edge computing capabilities, while the LOGmatic™ Data Logging Platform enables dynamic and secure data logging and transmission.


Airbiquity serves a diverse range of automotive clients globally, including leading automakers and suppliers, primarily targeting markets in North America, Europe, and Asia, where the demand for connected vehicle technology is rapidly growing. Airbiquity operates a subscription-based revenue model, wherein clients pay for access to their software platforms and services. These transactions typically occur through partnerships with automotive manufacturers and original equipment suppliers, who integrate Airbiquity's technology into their vehicles and connected devices. The company’s flagship products, including the OTAmatic®, DATAmatic™, and LOGmatic™ platforms, are essential components of this ecosystem.


This structure allows for scalable implementation, whereby clients can choose different service tiers based on their specific needs and vehicle integration requirements. The company’s revenue is thus primarily generated through long-term contracts and service agreements with automotive partners, reflecting a stable and recurring income stream. Airbiquity plans to leverage its recent funding of USD 15 mn raised in March 2019 to enhance its product offerings and expand its market presence. The company is designing new products aimed at further integrating connected vehicle technology and enhancing data management capabilities.


It also seeks to penetrate new geographic markets, particularly in Asia and Europe, where demand for connected vehicle solutions is escalating. These strategic initiatives aim to position Airbiquity as a key player in the evolving automotive tech landscape.


Current Investors

ORIX Growth Capital, Toyota Tsusho, Toyota Motor Corporation

Primary Industry

Software

Sub Industries

Systems Management Software

Website

www.airbiquity.com

Company Stage

Series F

Total Amount Raised

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