DriveCam Obtains $4,000,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3156ddfb-c940-499c-8849-4b08c62de495&Preview=1 -
Date
12/2/2009 -
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
Debt -
Transaction Amount
$4,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
DriveCam can continue to grow and help our clients realize a 50% or greater reduction in costs associated with risky driving and ensure road safety everywhere,” said Brandon Nixon, CEO of DriveCam. -
M&A Terms
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Venture Investor
Leader Ventures
