The driving analytics software provider will use the cash raised in the BMW-backed round to expand its team and strengthen its technology.
US-based automotive analytics provider Zendrive has received $13.5m in a series A round that included BMW I Ventures, the corporate venturing subsidiary of automotive manufacturer BMW.
Venture capital firm Sherpa Capital led the round, which also featured Nyca Partners, Thomvest Ventures, First Round Capital, Fontinalis Partners and angel investor Tad Montross.
Zendrive produces software that uses mobile sensors to provide data on driver behaviour such as acceleration, braking, swerving or phone use that can be utilised by its clients to…
