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DriveFactor Raises Venture Capital Equity Funding

Tuesday, August 20, 2013 5:53:00 AM PDT | VentureDeal
   Glen Allen, Virginia  --  Software technology company DriveFactor has secured $3.25 million in new venture capital investment, according to an SEC regulatory filing.

DriveFactor provides telematics technology and analytics for tracking driving data.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

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