GreenRoad Raises $10M in Equity Funding

GreenRoad, a Redwood Shores, Calif.-based provider of a driving behavior improvement service, has secured $10m in equity financing from the Generation IM Climate Solutions Fund, LP.
The funds will be used to accelerate the deployment of the company’s proprietary technology-based service, GreenRoad 360, among existing and new customers.
GreenRoad 360 provides drivers and fleet managers with real-time, comprehensive and preventative feedback, analysis, reporting and coaching on drivers’ abilities, maneuvers and patterns.

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