Zendrive Picks Up $13.5M to Monitor Safe Driving

Zendrive Inc. has raised $13.5 million for software that analyzes data coming off smartphone sensors to gather information on safe driving, part of a growing movement to use technology to track drivers. The Series A round was led by Sherpa Capital, whose co-founder, Shervin Pishevar, is a board observer at the ride-sharing service Uber Technologies Inc. and a co-founder of Hyperloop Technologies Inc., which was inspired by Elon Musk.