August 2, 2015 | The telematics technology startup for driving Driveway Software announced that it raised $10 million in Series A funding. The current round was led by Ervington Investments, the investment arm for Russian entrepreneur and Chelsea Football Club owner Roman Abramovich. The San Francisco-based company has raised $11.3 million since it was founded in 2010 to develop its application that uses 3D sensors to provider drivers with objective information on their driving patterns. Driveway was founded by Technion grad Igor Katsman and Jake Diner.
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