Capital Detroit Operations Technology 
PYMNTS
DECEMBER 6, 2019
Durable Capital Partners led the round, and T. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products.
PYMNTS
JUNE 8, 2020
In December of last year, Vroom notched $254 million in a Series H funding round led by Durable Capital Partners. Vroom had previously said it would use the funding to grow its workforce, operations, marketing and technology in addition to products. L Catterton, T. Rowe Price Associates and others participated.
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PYMNTS
JULY 24, 2018
In a press release , the Detroit car maker said the new unit will also be charged with accelerating the autonomous vehicle (AV) business so that Ford can capitalize on market opportunities. Ford said that by closely aligning the self-driving platform and the mobility solutions teams, it will enable faster development of businesses.
PYMNTS
JANUARY 16, 2020
The online marketplace company aims to eventually use AI technology on descriptions, so that a user could give basic details and the AI would flesh out the rest. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. More Funding.
PYMNTS
AUGUST 27, 2018
Volkswagen has a $4 billion plan for connected and autonomous vehicle technology, one that includes a proprietary software operating system and will support car sharing, delivery and other services. A “new software operating system, to be known as ‘vw.OS’ … will be introduced in VW brand electric cars from 2020 onwards.”.
CB Insights
OCTOBER 9, 2018
Despite the rise of e-commerce and mobile, the physical channel still plays an important role in consumer experience — and retailers are increasingly leveraging technologies to stay afloat. Cashier-less technology is one of the latest trends to dominate conversation. The technologies supporting a cashier-less environment.
Fintech Labs Insights
JANUARY 20, 2017
Calling this “part of our DNA,” Milne wrote that the new opportunities Dwolla’s technology has created have “come with growth and the need to finance it.” Milne wrote that the investment will be used to expand Dwolla’s sales and account management operations in Des Moines, Iowa.
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