Motorq, a connected car API company, has raised $40 million in its Series B round of funding. The round was led by New York-based global private equity and venture capital firm Insight Partners, with participation from existing investors including Story Ventures, FM Capital, Monta Vista Capital and Avanta Ventures.

Motorq is the leading integration platform for global OEMs. With relationships with the top 10 global automotive leaders covering 21 brands, Motorq can quickly and securely connect to and provision information from more than 51 million vehicles, a number that is increasing each day. It also has partnerships with 8 of the 10 largest fleet management companies.