DriveCam Inc., a driver risk management company, announced that it ranked no. 325 on Inc. magazine’s 26th annual list of the 500 fastest-growing private companies in the U.S., reporting a three-year sales growth of 828 percent. This is the third consecutive year DriveCam has been named to the list.
DriveCam offers a behavior-based risk mitigation solution that predicts and prevents actual risky driving behaviors likely to result in collisions. DriveCam’s exception-based video event recorder is mounted on the windshield behind the rearview mirror and captures sights and sounds inside and outside the vehicle. Exceptional forces such as hard braking, swerving and collision cause the recorder to save the critical seconds immediately before and after the triggered event. Saved events are analyzed and used in ongoing driver coaching programs to improve behavior and mitigate driver risk.
The 2007 Inc. 500, as revealed in the September issue of Inc. magazine, reported a robust group of companies with aggregate revenue of $16 billion and median three-year growth of 939 percent. Most important, the 2007 Inc. 500 companies were engines of job growth, having created more than 64,064 jobs since those companies were founded.
