article thumbnail

Lytx Acquired For $500M In Private Equity Acquisition

socalTECH

San Diego-based automotive telematics provider Lytx has been acquired by private equity investor GTCR , in a deal worth more than $500M in cash, the two said this morning. Lytx--which was originally named DriveCam--was most recently in the hands of private equity investor Welsh Carson Anderson & Stowe. READ MORE>>.

Equity 100
article thumbnail

DriveCam Rebrands Itself Lytx

socalTECH

San Diego-based DriveCam has renamed itself as Lytx , as the company said it has evolved the company and vision beyond just devices. Lytx said it now has more than 250 employees, most of then in San Diego. Lytx is led by Brandon Nixon. Lytx is led by Brandon Nixon. READ MORE>>.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

DriveCam Opens Office In The UK

socalTECH

San Diego-based DriveCam , the developer of monitoring technology for driving fleets, said today that it has opened up a new office in London. The firm said the new office will be headed by Paul Jones, who was previously led Client Services at its San Diego headquarters. READ MORE>>.

Carson 147
article thumbnail

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. READ MORE>>.

article thumbnail

Active Network Launches Meeting Management Tools

socalTECH

San Diego-based Active Network said this week that it has launched a new tool aimed at meeting planners and travel managers. Active Network explained that it has partnered with Carson Wagonlit Travel for the technology and database behind the new tool. The new tool is part of its StarCite SM platform. READ MORE>>.

Activity 140
article thumbnail

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.

Carson 140
article thumbnail

Dynavax Co-founder Takes Long View on Vaccine Development

Xconomy

For Dennis Carson, however, the FDA announcement represented the culmination of a scientific odyssey that took 21 years. Many investors sold stock on the news. In the days following the company’s Nov. 9 announcement , the price of Dynavax shares slipped about 8 percent, from $20.05 a share to $18.45

Carson 75