Touted as the first and only car insurance company to incorporate individual driving behavior in every quote, Root Insurance, closed $100 million in Series D funding. This latest round, led by Tiger Global Management, raises Root’s valuation to $1 billion. Redpoint Ventures, Ribbit Capital, and
Transportation startup Optimus Ride closed $18 million in Series A financing led by Greycroft Partners. Emerson Collective and Fraser McCombs Capital also participated in the offering. [bg_collapse view="link" color="#4a4949" icon="arrow" expand_text="Continue reading" collapse_text="Show less” ] Optimus Ride is an MIT-spinoff company based in Cambridge, MA, that
Autonomous driving startup Innoviz announced the completion of $65 million in Series B financing from Magna International, 360 Capital Partners, Vertex Venture Capital, Magma Venture Partners, Delphi Automotive, and Glory Ventures. Innoviz plans develops the key technologies involved in autonomous driving, including smart 3D sensing, sensor