Zubie Receives $10 Million in Series A Funding
Dec. 16, 2013—Zubie, a connected car service company, announced Friday that it has raised $10 million in Series A funding from investors.
Zubie develops technology that captures on-board, vehicle diagnostics to aid in driver safety.
Castrol innoVentures, Comporium Inc., and OpenAir Equity Partners are the three investors part of Zubie’s latest funding.
“Our investment in Zubie reflects our ongoing interest in technologies that have significant potential to offer a predictive, timely, contextual, convenient, and simple capability to the mobile consumer of the future,” said Angel Gambino, smart mobility general manager of Castrol InnoVentures.
Additionally, the company announced John M. Barnes, Jr., executive vice president of marketing and business solutions for Comporium, and Jonathan Tudor, venture director for Castrol innoVentures, will join the Zubie board of directors.