News | Tech News

Driver safety app, UBI insurance program attracts $500M investment [Commercial Carrier Journal]

Venture capital has been flowing to startups and fast-growth technology companies in transportation, but few transactions compare to one that took place in December 2018. An early pioneer of telematics...
January 31, 2019
News | Customer Announcement

Are you the safest driver? An app will decide that [valleybreeze.com]

LINCOLN – Do you wait too long to hit the brake? Is a lead foot your bad habit? Do you get easily distracted by your phone while driving? How would...
January 30, 2019
News | Customer Announcement

Amica Insurance and Cambridge Mobile Telematics Launch Rhode Island’s Safest Driver Contest [Business Wire]

LINCOLN, R.I.–(BUSINESS WIRE)–To encourage safer driving in Rhode Island, and to gain insight into how telematics can influence driving behavior, Amica Insurance has partnered with Cambridge Mobile Telematics (CMT) to launch Rhode Island’s Safest...
January 25, 2019
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
News | Tech News

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