1. Cambridge Mobile Telematics $500M
Round: Venture
Description: Cambridge-based Cambridge Mobile Telematics develops DriveWell, a complete telematics and behavioral analytics solution to improve safety. Founded in 2010 by Bill Powers, Hari Balakrishnan, and Sam Madden, Cambridge Mobile Telematics has now raised a total of $502.5M in reported equity funding over two rounds. Major investors in the company include SoftBank Vision Fund.
Industry: Insurance, Mobile, Public Safety, Transportation
Total equity funding raised: $502.5M
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