[ Xee raises $13M in Series A ]

Xee has raised $13 million in Series A funding.

Founded in 2011, Xee is  a developer of connected service platform that provides pre-developed modules and fleet management solution for tracking vehicles in real time.

The companywill use the new cash  to expand its commercial development and marketing efforts to ramp up its position in Spain, Portugal, Italy and Belgium and grow into new strategic European markets, including Germany, the Netherlands and Luxembourg.

Funding  Series A
Founded  2011
Country  France
City  Marquette Lez Lille, Nord-Pas-de-Calais
Founder / CEO  Yvan GRAVIER
Deal Size  $13M
Investors  Via-ID
 Bridgestone EMEA
 Total and Cofip
Previous Investors  Via-ID