Stanford University is joined by Oak Investment Partners and New Enterprise Associates backing the driving intelligence company.

Stanford University has helped SmartDrive Systems, a driving intelligence company, raise $47m. Other investors in the round were SmartDrive’s existing investors, venture firms Oak Investment Partners and New Enterprise Associates. Last year SmartDrive raised $10.1m of a planned $11.5m fundraising, according to a filing with US regulator the Securities and Exchange Commission. In 2009 SmartDrive…

The rest of this content is only accessible to Global University Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.