Month: December 2018
News | Tech News
$500M and 1.2B Cars: Cambridge Mobile Telematics Talks SoftBank Deal [Xconomy]
Ask Cambridge Mobile Telematics cofounder Hari Balakrishnan about the $500 million his business raised from SoftBank’s Vision Fund and he’ll bring up two bigger numbers: 1.2 billion and 875 million....
December 20, 2018
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SoftBank just invested $500 million in a Cambridge company [Boston Globe]
Scarcely a day goes by in Boston’s technology sector without a promising company raising what in most businesses would be a monumental sum. Tens and sometimes hundreds of millions fly...
December 19, 2018
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Cambridge Mobile Telematics Raises $500M from the SoftBank Vision Fund
CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Mobile Telematics (CMT), the world’s leading mobile telematics and analytics provider, has secured a $500 million investment from the SoftBank Vision Fund. This investment will accelerate the adoption...
December 19, 2018
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Many Floridians Are Distracted Drivers. This App Wants To Change That.
You tell yourself that you’ll only check Instagram at the red light, or change your Spotify while driving alone on cruise control through Alligator Alley. But those few seconds can...
December 7, 2018
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Is this a cure for cellphone addicts behind the wheel? Think competition and prizes
If you’re ready to admit your cellphone addiction is out of control and it’s only a matter of time before your distracted driving behavior leads to an accident, you should...
December 6, 2018