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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>>.

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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. READ MORE>>.

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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>>.

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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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Dynavax Co-founder Takes Long View on Vaccine Development

Xconomy

The reaction on Wall Street was a little anticlimactic after the FDA approved a new hepatitis B vaccine last month for Berkeley, CA-based Dynavax Technologies (NASDAQ: DVAX ). 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.

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