Best Buy-Backed Connected Startup Zubie Raises $8 Million

A graduate of Best Buy's ventures division has raised $8 million in venture capital.

According to the Twin Cities Business Journal, Zubie Inc., which sells a car-monitoring device and accompanying app, has raised $8 million from a round led by Venture capital firm Nokia Growth Partners and automotive supplier Magna International. The company, founded in 2012 inside Best Buy, raised $10 million last year:

According to the report:

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