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Netradyne snags $90M at $1.35B valuation to expand smart dashcams for commercial fleets

  • Netradyne has raised $90 million in a Series D funding round at a valuation of $1.35 billion, led by Point72, to expand its smart dashcam technology for commercial fleets.
  • The company's AI-enabled dashcams, used by fleet owners like Amazon, aim to reduce accidents by around 50%.
  • Netradyne plans to grow into Ireland and Japan, building on its 65% growth over the last year, as stated by CEO Avneesh Agrawal.
  • Point72's Sri Chandrasekar emphasized that investing in Netradyne supports safer roads and professional drivers.
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