DriveCam Lands $85,000,000 New Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4fe20358-379e-4afb-9ebb-003414b42002&Preview=1 - Date
11/18/2011 - Company Name
DriveCam - Mailing Address
8911 Balboa Ave San Diego, CA 92123 - Company Description
DriveCam, Inc. is the leading provider of knowledge-based systems that identify and improve unsafe driving behavior for commercial fleets. - Website
http://www.drivecam.com - Transaction Type
Venture Equity - Transaction Amount
$85,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The investment is being made, in part, to fund the acquisition of RAIR Technologies, LLC, a leading provider of regulatory compliance solutions for DOT-regulated fleets. - M&A Terms
- Venture Investor
Welsh Carson Anderson & Stowe
