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Today's Pickup: Lytx Introduces Driver Identification Technology
Tuesday, March 31, 2020 - 12:04pm | 787Good day, Lytx has introduced a new technology that allows for easy matching of drivers to vehicles, giving fleet managers more insight into driver identification. Lytx Badge requires no additional hardware and utilizes a QR code to assign drivers to vehicles. Drivers, or technicians, simply...
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Lytx Introduces Risk Detection Tool To Identify Distracting Driving
Thursday, February 27, 2020 - 10:46am | 720At its annual User Group Conference, video telematics company Lytx unveiled its enhanced risk detection tool that will help eradicate distracted driving by identifying and engaging with drivers prone to such behavior. Distracted driving is an ubiquitous problem on U.S. roads, with over 1,000 people...
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Lytx Reports "Largest-Ever" Investment In Video Telematics
Wednesday, January 8, 2020 - 3:49pm | 599Video telematics provider Lytx Inc. announced that it has received the "largest-ever" investment in the video telematics sector from a company backed by global private equity firm Permira. The majority stake acquired by funds and co-investors of Permira places a valuation on Lytx in excess of $2.5...