Cambridge Mobile Telematics Raises $500M from the SoftBank Vision Fund
Investment will accelerate the adoption of CMT’s DriveWell platform
Fuels product and market expansion across the company’s insurer and safety solutions

By | Company News

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…

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Erie Insurance Selects Cambridge Mobile Telematics for Young Driver Program
New rewards-based program to help educate and encourage safe driving habits among the youngest generation of drivers

By | Company News

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Erie Insurance launched a program using technology from Cambridge Mobile Telematics (CMT) to teach its youngest users smart driving behaviors. With CMT’s DriveWell platform and in-vehicle IoT device, the DriveWell Tag, ERIE’s customers can…

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