EIB funding to help Cubic Telecom develop connectivity solutions for automotive market
The latest funding is expected to help Cubic Telecom support further development of its PACE software connectivity platform
Cubic Telecom has secured EUR23.5 million (USD26.2 million) in funding from the European Investment Bank (EIB), the Ireland-based connectivity management supplier said in a press release last week. The EIB’s investment brings Cubic Telecom’s total funding to EUR100 million. The latest funding is expected to help Cubic Telecom support further development of its PACE software connectivity platform.
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