About DriveCam
Headquartered in San Diego, California, DriveCam reduces claims costs and saves lives by improving the way people drive.
DriveCam mitigates risk by improving driver behavior and assessing liability in collisions. Combining sight and sound, expert analysis and driver coaching, DriveCam's approach has reduced vehicle damages, workers' compensation and personal injury costs by 50 percent in more than 100,000 commercial, government and consumer vehicles.
DriveCam operates in North America, Europe, Africa, Australia and Asia.
Company History
DriveCam was launched in February 1998.
DriveCam has received four patents for its innovative design with additional patents pending.
In 2007, Inc. Magazine included DriveCam on its list of the 500 fastest-growing, privately held companies in the U.S. for the third consecutive year. Also in 2006, the company short-listed as one of the top 200 contenders for the "Red Herring 100 North America" list.
DriveCam Solution
DriveCam is the only company that focuses on improving risky driving behavior by predicting and preventing crashes. DriveCam's exception-based video event recorder is mounted on the windshield behind the rear-view mirror and captures sights and sounds inside and outside the vehicle. Exceptional forces (e.g. hard braking, swerving, collision, etc.) cause the recorder to save the critical seconds before and after the triggered event. Saved events are downloaded, analyzed and assigned a risk score to coach drivers and improve driving behavior and assess liability in collisions.
Investors and Board of Directors
Justin Jaschke, Chairman, Board of Directors
Menlo Ventures
Doug Carlisle, Managing Director
www.menloventures.com
> Details
Insight Venture Partners
Jerry Murdock, Managing Director
www.insightpartners.com
> Details
Integral Capital Partners
Glen Kacher, partner
www.integralcapital.com
> Details
JMI Equity
Peter Arrowsmith, General Partner
www.jmi-inc.com
> Details