SpeedInfo, a Cupertino company that provides traffic data from sensors buried in the pavement, has raised a $775,000 in a third round of financing to help implement its speed sensors in new markets, according to VentureWire (sub required).

Spinner Global Technology Fund and five other previous investors participated in the round. To date, SpeedInfo has raised a total of $7 million.

(This story originally posted 12/22)