Zendrive Picks Up $13.5M to Monitor Safe Driving
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Zendrive Inc. has raised $13.5 million for software that analyzes data coming off smartphone sensors to gather information on safe driving, part of a growing movement to use technology to track drivers.
The Series A round was led by Sherpa Capital, whose co-founder, Shervin Pishevar, is a board observer at the ride-sharing service Uber Technologies Inc. and a co-founder of Hyperloop Technologies Inc., which was inspired by Elon Musk.