Electronic fleet tracking company Zonar Systems raises $50M

Zonar Systems, a Seattle area company that provides electronic fleet inspection and tracking systems for public and private fleets, has scored $50 million in fresh funding, according to a filing with the Securities and Exchange Commission. The filing comes a few days after Zonar announced that Portland-based Daimler Trucks North America, which builds vehicles under the Freightliner, Western Star and Thomas Built Buses brands, had made a minority investment in the company.