One month after Zubie, a connected-car platform, secured $6 million in funding, company CEO Tim Kelly has stepped down.
Kelly made the decision to leave the company for personal reasons, according to a news release. Kelly has been with the Charleston-based tech firm since 2013.
“Tim has been with Zubie from its early days, and his leadership and contributions are to be credited for much of the success the company has enjoyed. ... He leaves Zubie in a strong position as outlined in our recent company news of securing additional funding and our growth prospects,” the release said.
The company will begin a CEO search soon, the release said.
In the interim, COO Prag Shah will be acting CEO, in addition to his current role. Shah and his family relocated from Tokyo to Charleston to join Zubie two years ago. He formerly held senior executive roles at Rosetta Stone, Network Solutions and Sprint.
Zubie has raised about $26 million including the most recent funding round. The company does not disclose its employee count. Its connected-car platform collects vehicle and driver data and runs analytics on it.
Zubie users plug a cellular device — the Zubie Key — into a car’s onboard diagnostics port to capture data about both car and driver. Customers can use the data to determine how to drive better or when their car needs to be serviced, for example. If users agree, Zubie shares the analytics with enterprises, small businesses and consumers.
Since its market entry in 2012, Zubie has formed relationships with insurance carriers, large- and small-business fleet operators, mobile carriers and automotive dealers.