Thursday, May 28, 2009

Greenroad Garners $15M

Redwood Shores-based Greenroad, which provides a service to commercial fleets and consumers to help improve driving behavior, said Thursday that it has raised $15M in a new funding. The round was led by DAG Ventures, and also included Benchmark Capital, Virgin Green Fund, Amadeus Capital and Balderton Capital. Greenroad said that Nick Pianim of DAG Ventures joins the firm's board along with the funding. GreenRoad's products provide in-vehicle feedback, coaching, reporting on driving habits. More information »