#cameramatics Tech News.
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CameraMatics, founded in Dublin in 2016, raised up to €49 million to expand in North America and Europe. The company makes a video-telematics platform that uses AI to monitor the road and cab simultaneously, aiming to prevent crashes for commercial fleets.
CameraMatics secured up to €49 million from Blume Equity, Ireland Strategic Investment Fund, and Goodbody Capital Partners. The Dublin-founded company provides an AI platform combining video analytics, driver assistance, and real-time data for commercial fleets. It serves nearly 1,000 customers including Royal Mail and targets €30 million in recurring revenue by 2026.
CameraMatics, a fleet intelligence company with operations in Dublin, London, and the US, raised up to €49 million in growth capital. Blume Equity, Ireland Strategic Investment Fund, and Goodbody Capital Partners led the round. The company will use the funds to expand in North America and Europe and invest in AI and sustainability product innovation.
CameraMatics raised up to €49 million in new funding. The company secured this investment round to support its operations. The funding will fuel further growth for the business.
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