Californian fleet management startup Local Motion revealed on Tuesday that it had been purchased by Zipcar for an undisclosed sum . Prior to the acquisition , Local Motion raised $ 6 m from multiple investors including Andreessen Horowtiz . Local Motion was founded in 2011 with the intention of bringing car - sharing to corporate fleets , making it easier for employees to use a company car without having to get keys or spend time trying to figure out which vehicle is available . The Local Motion team can now work with employees on new , undisclosed assignments .
Californian fleet management startup Local Motion revealed on Tuesday that it had been purchased by Zipcar for an undisclosed sum. Prior to the acquisition, Local Motion raised $6m from multiple investors including Andreessen Horowtiz. Local Motion was founded in 2011 with the intention of bringing car-sharing to corporate fleets, making it easier for employees to take a company car without having to get keys or spend time trying to figure out which vehicle is available. The Local Motion team will now work with Zipcar on new, undisclosed assignments.