Fleet Orchestration Platform Bestmile has announced it has raised $16.5m in a Series B round and has strengthened its leadership to accelerate its growth.
The round is led by two U.S. firms, Blue Lagoon Capital and TransLink Capital, with the participation of Series A investors Road Ventures, Partech, Groupe ADP, Airbus Ventures, Serena and others.
Blue Lagoon partners, Rodney Rogers and Kevin Reid, have joined the Bestmile board, with Rogers serving as Chairman.
“The market has spoken by embracing fleet orchestration technology as critical for real-world mobility service performance,” said Rogers. “This space is currently experiencing significant growth and I am very excited to play a role in the success of Bestmile, a technology I feel is the most advanced, intelligent and comprehensive fleet orchestration platform available today.”
Rogers and Reid, both seasoned technology operators, co-founded enterprise cloud services company Virtustream in 2009 which was acquired by EMC Corporation in 2015 for $1.2 billion and is now part of Dell Technologies.
“Bestmile has pioneered the integration of human-driven and autonomous vehicles, with a richly enabled full services platform that permits fleet operators to practically optimise their assets across all modes of transport. At Airbus Ventures we see Bestmile as a key enabler for Urban Air Mobility, with an even brighter future with the proven team of Rogers and Reid on board,” said Thomas d’Halluin, Airbus Ventures Managing Partner.