Deal Announcements

Local Motion Sees $1 Million Seed Venture Capital

Monday, November 05, 2012 5:56:00 AM PDT | VentureDeal

   San Francisco, California  --  Automobile fleet management technology company Local Motion has received $1 million in seed stage venture investment.

Local Motion is developing a module that can be installed in any vehicle to make it more shareable.

A number of individual investors made the investment.

The company intends to expand product development and geographical coverage.

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