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DriveCam Raises $85M, Acquires Firm

socalTECH

The funding came from Welsh, Carson, Anderson & Stowe XI, L.P. DriveCam said the funding wlil go towards the acquisition of RAIR Technologies, which provides regulatory compliance products for DOT-regulated fleet operators. DriveCam said it was advised by Barclays Capital on the acquisition. READ MORE>>.

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