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GreenRoad Tracks $10 Million New VC Investment

Wednesday, February 24, 2010 5:54:00 AM PDT | VentureDeal Staff
Redwood Shores, California  --  IT company GreenRoad has secured $10 million from a new venture capital investor.

GreenRoad says that it "develops drivers safety and risk management technologies that reduce accident rates and lower costs."

Generation Investment Management made the investment.  The financing is expected to be used to support the expansion of the company's business.

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