There are plenty of reasons to track a vehicle, especially if you operate a delivery startup service. At present, there are numerous monitoring devices available in the market that not only track the location but also give in-depth information about drivers speed, idling times, fault detection, engine health and more.
In a recent development, Stratio Automotive, a startup that transforms vehicle data into predictive intelligence has secured €3 million in funding led by London-based Crane Venture Partners and LocalGlobe. Moving on the company intends to use the funding to further expand across Europe and the US.