Pulse2 Technology and Social Media News » DriveCam http://pulse2.com Sat, 26 May 2012 21:27:32 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 DriveCam Raises $19 Million Series D http://pulse2.com/2009/08/14/drivecam-raises-19-million-series-d/ http://pulse2.com/2009/08/14/drivecam-raises-19-million-series-d/#comments Fri, 14 Aug 2009 09:00:41 +0000 Amit Chowdhry http://pulse2.com/?p=18856 Continue reading →]]> drivecam-logo
DriveCam is a company that improves risky drivers by setting up video event recorders on the windshield behind the rear-view mirror.  DriveCam reduces claims costs and improves the way people drive.

DriveCam offers driver coaching and expert analysis.  The company has announced that they have raised $19 million Series D.

The $19 million Series D round of investment was led by Triangle Peak Partners.  Other investors include Menlo Ventures, Insight Venture Partners, JMI Equity, and Integral Capital Partners.

DriveCam had year-over-year revenue growth and an 85% growth in their client base.  The company also had a positive cash flow for the first time in history.

[via NYT]

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