Apio calls up Series A funding led by Verizon Ventures

Apio Systems, which provides a mobile-based transportation safety platform, announced it has raised a $5 million Series A round led by Verizon Ventures, the investment arm of Verizon Communications. Additional investors include Lerer Hippeau, Transdev and East Rock Capital. Apio Systems, which has offices in Crystal City, Va., and Warwick, N.Y., has now raised more than $6 million in total funding.

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