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Avetta Merges With BROWZ

socalTECH

Avetta is owned by private equity investor Welsh Carson Anderson & Stowe. The companies said the merger was financed through Avetta's major shareholders, which include Welsh, Carson, Anderson & Stowe (WCAS), Technology Crossover Ventures (TCV); and, Norwest Venture Partners (NVP). READ MORE>>.

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DriveCam Raises $85M, Acquires Firm

socalTECH

San Diego-based DriveCam , a provider of video-based products used for monitoring driver safety, announced today that it has raised $85M in a funding from a private equity firm, and also acquired a company, RAIR Technologies. The funding came from Welsh, Carson, Anderson & Stowe XI, L.P. READ MORE>>.

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