selling telematics data News

Personal Privacy and the War Over Connected Driver Data

Picture this: You’re driving home from work, contemplating what to make for dinner, and as you idle at a red light near your neighborhood pizzeria, an ad offering $5 off a pepperoni pie pops up on your dashboard screen. Are …

Silicon Valley Fund Has $120M to Spend on Transportation Tech Including Insurance

Autotech Ventures, a Silicon Valley venture capital firm, said it had raised $120 million from automotive companies and financial investors for a fund that will invest in startups working on transportation services and digital vehicle technology. The fund will try …

Firms Interested in Driver Data Collected by Auto Insurers

The restaurants and doughnut shops that consumers pass on their commute would love to predict when they’ll be driving by. Their auto insurer may already know, and could be looking for a way to profit from that information. Allstate Corp. …