Info
Info

Zubie secures new round of funding to accelerate growth

News

Zubie, a connected-car platform and telematics data insights provider, announced that it has closed an additional round of funding to fuel growth. Existing investors BP and Melody Capital provided the capital infusion. Paget L. Alves and Dennis Huber will join Zubie’s Board of Directors.

Info

The capital raise will be used to fund growth in the Fleet sector as well as launch new products addressing additional verticals with Zubie's connected-car solutions.

“This investment in Zubie underscores the market need for an end-to-end connected car solution,” said Ron LeMay, Chairman of the Board, Zubie, Inc. “There are a lot of companies focused on data collection - and there's a lot of data out there. The marketplace needs more companies that help organise the data and extract business insight - and that's where Zubie fills a void. We're thrilled with the perspectives Paget and Dennis will bring to the board.”

“With a more mature hardware market, the opportunity for differentiation is in delivering usable insights in a simple, reliable package,” said Gary Tucker, CEO of Zubie. “For Zubie, 2019 will be about improved usability of our existing insights and solutions in the Fleet market, while addressing a need for real-time insight for rental businesses.”

With this investment, Zubie also announced the addition of telecommunications veterans Paget L. Alves and Dennis Huber to its Board of Directors. Mr. Alves and Mr. Huber have a combined 50+ years experience in telecommunications, adding additional financial, operational and marketing experience along with expertise in product development and IT to an already talented executive slate.


The Latest News, Brought To You By
Zubie secures new round of funding to accelerate growth
Modified on Monday 11th February 2019
Find all articles related to:
Zubie secures new round of funding to accelerate growth
TaaS Technology Magazine
Info
Tata Motors Delivers 40 Electric Buses To The Indian State Of Jammu & Kashmir
AI Start-up UVeye Raises $31 Million Led By Toyota Tsusho, Volvo Cars Among Others
BMW Group Joins Hands With Tencent To Build High Performance D³ Platform In China
BYD ADL Clocks 100 Electric Double Deck Bus Sales In UK
ZF Aftermarket Extends Its Lemförder Product Portfolio For Electric And Hybrid Vehicles
VinFast Collaborating With Kreisel Electric To Develop Batteries For EVs
CUPRA Teases Its New All Electric Concept
Autotalks And Datang Complete C-V2X Direct Communication Interoperability Testing In China
Microsoft To Develop Digital Services For Faurecia’s Cockpit Of The Future
Toyota And BYD To Jointly Develop BEVs For China
Oliver Zipse Takes Over As The New Chairman Of BMW AG
The Future Of Mobility Is Approaching Faster Than We Think
Delta Awarded By FCA For Its EV/PHEV Automotive Product Capabilities
Ballard Power Systems Purchases A Fleet Of FCEVs
Continental To Showcase New Power Module For EVs At IAA 2019
Quanergy And Chery Establish Partnership To Usher In A New Era Of Autonomous Vehicles
AIWAYS U5 Prototype Begins Its Journey From China To Western Europe
Canada Announces $4.5 Million Programme To Accelerate Battery Innovation
Hyundai Develops Active Shift Control Transmission For Hybrids To Enhance Fuel Economy
Curtiss Unveils The New Hades Model Designed By JT Nesbitt
Nissan LEAF Sales Commence In Larger Latin American Markets
Bolt Mobility Launches In Washington, D.C.
Cohda Launches New C-V2X Hardware
Electrify America Opens Its First Ultra-fast Charging Station In New Jersey
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info