Car360 Raises $3.5 Million

Software startup Car360 announced it has raised $3.5 million in Series A financing. Three investors participated in the round, including BIP Capital and Service Provider Capital.

Car360 brings computer vision and augmented reality to the auto industry. Its platform enables interactive visualization of cars and related data and increases revenue for businesses that currently use pictures or videos for merchandising or inspecting vehicles.

The company revealed that it plans to use the funding to expand its team by up to 60 positions in sales and marketing in Atlanta.