A new startup called Local Motion
is providing the tools necessary for businesses to reduce waste and
right-size their fleets of cars, which could save them significant money
in the long term. To move forward, the startup has just taken $6
million in Series A financing from Andreessen Horowitz, and will be
adding former Microsoft exec and recent a16z addition Steven Sinofsky to
its board.
Local Motion, in short, wants to bring the same sort of efficiencies
that the sharing economy promises to consumers — the ability to curtail
ownership in certain goods and help manage usage to make them more
readily available when needed — and apply those principles to enterprise
and government entities.
Read more : http://techcrunch.com/2013/08/28/local-motion-6m-a16z/
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