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August 29, 2013 03:30 pm GMT

Zendrive Raises $1.5M From First Round, Jerry Yang, Max Levchin, Time Ferris And Others To Use Big Data To Fix Driving

9607103105_310eeb575e_hZendrive, a startup that aims to make driving better by using data from smartphone sensors, today announced that it has raised $1.5 million from a group of backers including First Round Capital, Max Levchin, Jerry Yang, Tim Ferriss and "many other tech founders and leading investors." The company hasn't launched its product yet, but as Zendrive co-founder Jonathan Matus told me, the company plans to use today's funding round to get ready to launch within the next few months.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QmLtAx-2dpk/

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