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September 9th, 2020
Ouster Lidar Raises $42 Million Series B Funding to Accelerate Digital Lidar Adoption

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With Q3 bookings up 209% YoY, revenue up 62% in the past 12 months, and $140 million raised to date, Ouster is disrupting analog lidar incumbents with its digital lidar technology

Ouster, the leading provider of high-resolution digital lidar sensors for autonomous transportation, robotics, industrial automation, and smart infrastructure, today announced it has raised $42 million of new investment to fund product development and further accelerate worldwide sales. After launching its second generation of high-resolution lidar sensors in January, Ouster’s 12-month revenue has grown by 62%, with third quarter bookings up 209% year over year as customers adopt its sensors in key computer vision technologies.

A disruptive technology

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