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Ripcord: Raises Additional $45M in Series B2 Funding

Ripcord: Raises Additional $45M in Series B2 Funding

  • Ripcord, a Hayward, Calif.-based robotics digitization company, raised an additional $45m in Series B2 funding
  • Then the round, which was led by CDK Global, increases the company’s total funding to over $120 million
  • Other backers in this round include existing investors Kleiner Perkins, GV, Steve Wozniak
  • Ripcord used by Fortune 100 companies including notable brands such as Coca Cola, BP and Chevron, MUFG Bank, UCLA, and Cantium
  • CDK Global is investing in Ripcord to streamline the car buying experience.
  • Ripcord provides the highest speed and accuracy in the industry, and creates streamlined and more automated processes

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