CameraMatics, the Ireland-based IoT fleet and vehicle safety technology specialist, has reengaged in the U.S. market, hiring key industry veterans across the United States. The company just launched a new website designed for decision-makers of American trucking fleets and business-vehicle operators to help them improve safety, efficiency, and compliance.
CameraMatics has grown steadily since its launch in 2016, and now boasts over 1,000 customers globally. CameraMatics has seen a 300% growth in its customer subscription base since January 2020.
In January, 2021, CameraMatics successfully closed a Series A funding round. The funds are being used to support expansion of the U.S. branch of the business where a rapidly expanding team is being built covering sales, customer success, and technical services specific to the U.S. market. CameraMatics is also using the recent investment to drive forward the recent entry into the mainland European and Middle Eastern markets.
“Launching our dedicated U.S. website and strengthening our presence in this market is an important milestone for the business. We’re extremely excited about the response we received in the U.S. around our solution and look forward to helping all our customers drive new safety standards across their fleet operations and keeping drivers and other road users safe and protected in North America,” said CameraMatics Co-founder and Director Simon Murray.
The CameraMatics SaaS solution is a modular and configurable software platform based on connected camera technology, vision systems, AI, machine learning, and telematics, combined with fleet safety modules. It is a complete solution, helping fleet operators to drive new safety standards across their fleet and drivers.
To manage overall fleet management, safety, driver behavior, and compliance, many fleet operators use multiple systems, but those systems are generally not built to work together. CameraMatics is in-house developed and designed as a comprehensive, one-stop-shop, intelligent solution that helps address the challenges fleet operators face.
“Operating commercial vehicles has become a risky business,” said Michael Menolascino, head of sales, U.S. “Whether operating a large fleet or a handful of light trucks, fleet operators are responsible for the safety and security of vehicle assets and drivers, in addition to ensuring compliance, controlling costs, and operating as efficiently as possible. With insurance premiums soaring and nuclear and large-scale court verdicts increasing, U.S. fleets need an intelligent, easy-to- use solution like CameraMatics. I’m excited to bring our cutting-edge technology to U.S. customers.”
