The company provides software-as-a-service that helps large organizations manage and optimize their vehicle fleets. It has been profitable for years, but doesn’t want to miss the “window for accelerating growth.”
Local Motion combines hardware and software to help large organizations manage the millions of cars in their fleets more effectively. Andreessen Horowitz led the round, and it is Sinofsky’s first board role since he joined the firm.
Google head honchos submitted a proposal to build a facility for private and corporate planes at Mineta San Jose International Airport.