Volvo Group invests in DriveCam
Volvo Group Venture Capital, a subsidiary to the Volvo Group, today announced that Volvo has made a strategic investment in DriveCam. The two companies have joined forces with the objective of delivering innovative safety-centric solutions to the global commercial vehicle industry.DriveCam, Inc. is a global driver risk management company located in San Diego, California. Through the investment Volvo Group becomes a minority shareholder in the company. "Volvo Group and DriveCam have a common vision - to reduce traffic accidents worldwide," says Johan Carlsson, President of Volvo Group