Owlcam has been acquired by Xirgo Technologies for an undisclosed sum two years after emerging from stealth, having raised $28m from investors including CSAA.
Internet-of-things hardware producer Xirgo Technologies has acquired the technology and assets of Owlcam, a US-based dashcam developer backed by insurance provider CSAA, for an undisclosed amount.
Owlcam has developed artificial intelligence-powered driver and road monitoring technology that relies on a dual-facing dashboard camera to record and analyse events both on the road and inside the car.
The device is always turned on and connects to a mobile app through 4G to store and review footage. It is designed to detect…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
