# Sibros Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sibros-technologies

- Industry: Software
- Headquarters: San Jose, US
- Website: www.sibros.tech/
- Total disclosed funding: $87M
- Latest round: Series B (Jan 25, 2022)
- Investors on record: 8

## About

Sibros Technologies, Inc. develops an automotive software and cloud platform for connected vehicles, providing OEMs with tools for software updates, data management, and analytics to enhance vehicle performance and customer satisfaction. Founded in 2018, Sibros Technologies, Inc. operates out of San Jose, US, focusing on delivering a robust automotive software platform for connected vehicles. The company was co-founded by Hemant and Mayank Sikaria, with Hemant serving as CEO. In January 2026, Sibros Technologies, Inc. raised USD 9 million in growth capital funding from investor Niterra Corporation Limited.

Sibros Technologies Inc. specializes in a comprehensive automotive software and cloud platform designed for connected vehicles, enabling original equipment manufacturers (OEMs) to maintain vehicles that are consistently updated with the latest software throughout their lifecycle. Their core product offerings include advanced over-the-air (OTA) update solutions, deep logging and analytics, and a suite for managing software digital twins, which facilitate seamless integration and management of vehicle data from various electronic control units (ECUs). Targeted primarily at the automotive sector, these products enhance vehicle performance, enable remote diagnostics, and improve overall customer satisfaction through timely updates and new features. Sibros’s solutions are deployed across a diverse clientele, including over 30 OEMs on more than 40 automotive architectures, with a strong presence in markets such as North America, Europe, and Asia, particularly India.

Sibros operates on a subscription-based revenue model, primarily engaging in B2B transactions with OEMs and automotive manufacturers. Their flagship products, including the Deep Updater, Deep Logger, and Deep Commander, are integrated into these clients' existing systems, facilitating ongoing software updates and data management capabilities. Transactions typically revolve around annual licensing agreements, wherein OEMs pay for access to Sibros's platform and the associated services necessary for managing their fleet of connected vehicles. This structure allows customers to benefit from continuous improvements in vehicle functionality and security, which are critical in today's competitive automotive landscape. Additionally, partnerships with numerous hardware, chip, software, and cloud providers enhance the value proposition of Sibros’s offerings. 

The company plans to use the January 2026 funding to further enhance its software, scale commercial operations, and expand its sales and marketing team.

## Funding rounds

- Series B, Jan 25, 2022, $70M — Nexus Venture Partners, Qualcomm Ventures, Google Inc., Fontinalis Partners, Moneta Ventures, Energy Impact Partners, Iron Pillar
- Series A, Jul 20, 2020, $12M — Nexus Venture Partners, Moneta Ventures, Twin Ventures
- Seed, Jul 26, 2019, $3.5M — Nexus Venture Partners, Moneta Ventures
- Seed, Oct 16, 2018, $1M — Moneta Ventures

## Investors

- Moneta Ventures (https://capitalatlas.ai/funds/moneta-ventures) — Seed, Series A, Series B
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed, Series A, Series B
- Twin Ventures (https://capitalatlas.ai/funds/twin-ventures) — Series A
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series B
- Google Inc. — Series B
- Fontinalis Partners (https://capitalatlas.ai/funds/fontinalis-partners) — Series B
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series B
- Iron Pillar (https://capitalatlas.ai/funds/iron-pillar) — Series B