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Avetta Merges With BROWZ

socalTECH

Avetta is owned by private equity investor Welsh Carson Anderson & Stowe. The combined firm says it has more than 85,000 customers in over 100 countries. Irvine-based Avetta , a provider of supply chain management software, has merged with another supply chain risk management company, BROWZ , the companies said this week.

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DriveCam Hits $100M In Revenues

socalTECH

DriveCam , the San Diego startup developing technology which analyzes and tracks the performance of commercial fleet drivers, reported this morning that it has just reached over $100M in 2012 sales. DriveCam said the revenue growth came due to global expansion, strategic partnerships, and continued growth within its customer fleets.