DriveCam Lands $85,000,000 New Financing Round

  • Feed Type
  • 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

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