Tech Company Financing Transactions

SmartDrive Systems Funding Round

New Enterprise Associates, Oak Investment Partners and Founders Fund joined a $46 million Series D funding round for SmartDrive Systems. The round was recorded on 11/18/2007.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series D
Proceeds Purpose
Company CEO Jim Plante said, "With this $46 million of new funding, we'll be able to offer an even greater level of service and product advantage to our global customer base."

Company Information

Company Status
Private & Independent
Mailing Address
4790 Eastgate Mall 200
San Diego, CA 92121
Email Address
SmartDrive Systems saves lives by increasing safe driving through behavior modification and saves money through lower insurance costs/claims via state-of-the-art, vehicle safety devices for commercial and government fleets of vehicles.
SmartDrive Systems LinkedIn Company Profile
Social Media
SmartDrive Systems Company Twitter Account
Company News
SmartDrive Systems News
SmartDrive Systems on Facebook
SmartDrive Systems on YouTube

Management Team

Email & Social
Chief Executive Officer
Steve Mitgang
  Steve Mitgang LinkedIn Profile  Steve Mitgang Twitter Account  Steve Mitgang News  Steve Mitgang on Facebook
Chief Financial Officer
Shawn Swaney
  Shawn Swaney LinkedIn Profile  Shawn Swaney Twitter Account  Shawn Swaney News  Shawn Swaney on Facebook
Chief Operating Officer
Jason Palmer
  Jason Palmer LinkedIn Profile  Jason Palmer Twitter Account  Jason Palmer News  Jason Palmer on Facebook
Chief Technical Officer
Ray Ghanbari
  Ray Ghanbari LinkedIn Profile  Ray Ghanbari Twitter Account  Ray Ghanbari News  Ray Ghanbari on Facebook
Vice President
Michael Baker
  Michael Baker LinkedIn Profile  Michael Baker Twitter Account  Michael Baker News  Michael Baker on Facebook
VP - Bus. Development
Daniel Lehman
  Daniel Lehman LinkedIn Profile  Daniel Lehman Twitter Account  Daniel Lehman News  Daniel Lehman on Facebook
VP - Human Resources
Sheryl Roland
  Sheryl Roland LinkedIn Profile  Sheryl Roland Twitter Account  Sheryl Roland News  Sheryl Roland on Facebook
VP - Marketing
Melissa Purcell
  Melissa Purcell LinkedIn Profile  Melissa Purcell Twitter Account  Melissa Purcell News  Melissa Purcell on Facebook
VP - Sales
John Krumheuer
  John Krumheuer LinkedIn Profile  John Krumheuer Twitter Account  John Krumheuer News  John Krumheuer on Facebook



Browse more venture capital transactions:

Prev: 11/16/2007: Blowtorch Entertainment venture capital transaction
Next: 11/19/2007: ForeScout Technologies venture capital transaction


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Where The Data Comes From

We do our best to document funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with, an affiliated venture.


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