Swift Navigation raises $34M

San Francisco-based Swift Navigation, a company working on GPS positioning technology for autonomous vehicles, raised a $34 million Series B financing round. The investment was led by Forest Baskett and Greg Papadopoulos of New Enterprise Associates (NEA), with participation from existing investors Eclipse and First Round Capital.

Swift Navigation has raised a total of $47.6 million in funding to date.

[Image courtesy: Swift Navigation]

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