Stanford University is joined by Oak Investment Partners and New Enterprise Associates backing the driving intelligence company.
Stanford University has helped SmartDrive Systems, a driving intelligence company, raise $47m. Other investors in the round were SmartDrive’s existing investors, venture firms Oak Investment Partners and New Enterprise Associates. Last year SmartDrive raised $10.1m of a planned $11.5m fundraising, according to a filing with US regulator the Securities and Exchange Commission. In 2009 SmartDrive…
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