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Funding Round Profile

42dot

start up
Korea, Republic Of - Seoul, Gangnam
  • 02/11/2021
  • Series A
  • $88,500,000

42dot is a technology company pioneering frictionless transportation services. Central to these efforts is the development of the Urban Mobility Operating System (UMOS) a cloud-based mobility platform that will accelerate the transition to autonomous transportation-as-a-service (aTaaS) with diversified self-driving ground and airborne vehicles.

UMOS is a comprehensive platform with a functionality that spans all layers of the aTaaS stack: a user interface that provides access to connected mobility and lifestyle services, smart algorithms for fleet dispatching and management, cutting-edge extra-definition map and routing technology, and autonomous machines. Together, they create a centralized, fully autonomous, and self-managed mobility infrastructure of the future.

Through the development of UMOS, 42dot aims to improve the efficiency, safety, and convenience of the movement of people and goods. Above all, UMOS is designed to help people to focus on what is important in life.

42dot was founded by Chang Song in March 2019. The company headquarters is located in Seoul with a drone autonomy subsidiary, 42air, in San Francisco. The company raised 32 billion KRW (25 million USD) in pre-Series A funding from Korean conglomerates Kia Motors, SK, LG, and CJ including seed funding from Hyundai Motor Company. In June 2020, the company secured 17 billion KRW (14 million USD) from LIG Nex1, KTB Network, Shinhan Bank and IMM Investment.


Related People

Chang SongCo Founder

Chang Song Korea, Republic Of - South Korea

Internet datacenter operations & service architecture
Fault-tolerant distributed system architecture
Cloud computing architecture and components
Expert in performance analysis, performance optimization, scalability in web scale internet service
Directly worked on caching layer, web service bottleneck analysis and optimization, troubleshooting difficult technical problems (from mobile TCP down to backend storage device layer)

Micro/macro performance optimization: CPU cache to TCP packet level, NUMA architecture, DB/caching
Very interested in low power computing, many-core computing, lockless data structure, distributed systems

UNIX kernel
filesystem (UFS, Advfs, etc)
Virtual machine (Itanium)
kernel / library / app performance optimization
Mac OS X server performance optimization

Specialties: UNIX/Linux kernel performance optimization, local fllesystem, distributed system, fault-tolerant system, web-scale scalability, caching, optimization on NUMA, storage system