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)
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform
- networking features, and more