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Netradyne Accelerates Momentum: Secures $65 Million In Debt Financing From Silicon Valley Bank To Fast-Track Growth

Netradyne Accelerates Momentum: Secures $65 Million In Debt Financing From Silicon Valley Bank To Fast-Track Growth

09/07/22, 1:32 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan diego
Money raised
$65 million
Industry
fleet management
public safety
transportation
Netradyne, a SaaS leader in artificial intelligence (A.I.) and edge computing focusing on driver and fleet safety, today announced it has secured $65 million in a combination of senior and junior mezzanine financing from Silicon Valley Bank. The financing will help accelerate Netradyne’s business momentum, further development of its industry-leading product suite, and global corporate expansion.

Company Info

Company
NetraDyne, Inc.
Location
towne centre drive
san diego, california, united states
Additional Info
Netradyne harnesses the power of Artificial Intelligence and Edge Computing to revolutionize the modern-day transportation ecosystem. It is an industry leader in fleet safety solutions, immediately improving driver behavior and fleet performance through core technologies like positive recognition. Netradyne collects and analyzes more data points and meaningful information than any other fleet safety organization so customers can enhance safety, improve retention, increase profitability, and enable end-to-end transparency. Organizations trust Netradyne to build a positive, safe, and driver-focused culture to take their business to the next level.

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