Local Motion Receives $6,000,000 Series A Financing Round

  • Feed Type
  • Date
    8/28/2013
  • Company Name
    Local Motion
  • Mailing Address
    375 Beach Road Burlingame, CA 94010
  • Company Description
    Local Motion is the first company to graduate from the Lemnos Labs hardware incubator program. The startup manufactures a module that can be installed in any vehicle to make it more shareable.
  • Website
    http://www.getlocalmotion.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company will use the funding to expand its operations in the US and France.
  • M&A Terms
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    Undisclosed

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