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FleetUp Finds $5M

Milpitas-based FleetUp, a developer of compliance software for the fleet management market, has raised $5M in a Series B funding, the company announced on Wednesday. The funding was led by HUMAX, the parent company of vehicle infotainment and communications supplier HUMAX Automotive. The firm asid the funds go twoards product innovation, customer acquisition, customer support, operations, and go to market. FleetUp is led by CEO Sam Lee. More information »