$19M Financing Fuels DriveCam

DriveCam, a San Diego-based provider of on-board video cameras and other technology to monitor and improve vehicle safety, said today it has raised $19 million in a Series D round of financing to invest in its growth and product development. New investor Triangle Peak Partners led the financing, which included previous backers Menlo Ventures, JMI Equity, Insight Venture Partners, and Integral Capital Partners. Bruce recently chronicled how DriveCam has evolved since its founder was prompted to develop its first video system after he experienced a road rage incident in the late-1990s.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.