An investment subsidiary of USAA has led the latest round of funding for Automatic Labs, a connected car technology company, which announced $24 million in Series B funding.
This latest financing follows the recent launch of the Automatic App Gallery, an app store cars, and an open car development platform to support the ecosystem of car apps, Automatic said. In the coming months, the company plans to expand its developer platform and driver application offerings. The total raised by the company has reached $32 million.
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