GreenRoad, which provides driver safety technology, has secured $10 million in financing to continue the deployment of its GreenRoad 360 service among existing and new customers.


GreenRoad 360, its proprietary technology-based service, provides drivers and fleet managers with real-time, comprehensive and preventative feedback, analysis, reporting and coaching on drivers' abilities, maneuvers and patterns.

The additional funding came from the Generation IM Climate Solutions Fund, LP. The investment was centered around the idea that sustainability factors must be fully integrated into investment research for superior long-term results.

"At GreenRoad, our job is to make our roads safer and greener and we look forward to working with Generation in leading the way to cleaner, safer and more cost-efficient transportation," said Dan Steere, CEO of GreenRoad.

More info: www.greenroad.com



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