Friday, March 27, 2015

GreenRoad Gains $26M For Fleet Management Software

San Jose- and Israel-based GreenRoad, which develops a telematics-enabled, software-as-a-service to help better manage costs and drivers for driving fleets, ha raised $26M in a funding round, the company said earlier this week. The funding was led by Israel Growth Partners (IGP), and also included Amadeus Capital Partners, Benchmark Capital, DAG Ventures, Generation Investment Management and Virgin Green Fund. Haim Shani of IGP joins the company's board with the funding. GreenRoad is led by Zeev Braude.