Tesla veteran Jay Vijayan's startup Tekion secures $200 million funding

Automotive software platform gets backing of Dragoneer Investment Group at a valuation of $4 billion

Tekion, an automotive software platform founded by former Tesla executive Jay Vijayan, has secured $200 million in growth equity capital from Dragoneer Investment Group, it said on Tuesday.

This financing round set Tekion’s valuation at more than $4 billion from the previous $3.5 billion. Tekion will use the capital to