Yamaha Invests $2 Million in Silicon Valley Startup Veniam

Yamaha Invests $2 Million in Silicon Valley Startup Veniam

Yamaha announced a $ 2 million investment in an American company developing connected vehicle technology. The financial injection was part of a total $ 22 million in Series B funding raised by Silicon Valley’s Veniam Inc. from investors including Verizon and Cisco. Co-founded by Zipcar’s original chief executive officer Robin Chase, Veniam develops wireless mesh networking technology to allow communication between vehicles and infrastructure (or, as the company calls it, “the Internet of Moving Things”….

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