Nexar Raises $53 Million Series D to Expand Car Dashcams

By Robert Wren Gordon, Published Jan 12, 2022, 10:59am EST (Info+)

Israel-based Nexar raised $53 million to help expand its dashcam business into both the international and US fleet markets.

IPVM Image

****** **** ******, **** ******** *****'* business, ********* ******** **** *** ******* about *** ****** ****** ***** *** the ****'* ***** *** ****.

**********

IPVM Image

******** ******* ** **** ** *** Dr. **** **** *** *** ***** Fernandez-Ruiz *** ***** ***** (*.*. *********) dashcams *** ******* *********** ******** ** customers, ********* ******* *** ****** *****.

***** **** *** * ********,***** ****, ***** ***** ********** ****** **** Nexar ******** **** ************* ********, ***** ** ******** ** **** planners *** *********** *** ******* **** conditions.

*******

*********** * $** ******* ****** * in ******** ******* ******* *******, * *** ****, ******-***** **** that ******** ****-***** ******* ********** *********:

[*] $** ******* ****** * ******* round *** ** ***** ******* **** the ************* ** ***** **** ********, Catalyst ***********, ***** ********, ***** *** previous *******; ******** **********, ****** ********, Regah ********, ***** *** ****.

******** **** ***** *********'* ******* ***************** *** ***********:

***** *** *** ****** $*** *******,********* ** * **** ** *** company's ****** ***** ***/**-******* *** **. ****.

No ******* **********

***** *** *** ******** *** ******* or ***** *******, ****** ******* **** it ** ******* *** ******* *** and **** ** "***** ******** ** thousands ** ******** ********":

***** ** *** ******* ******* ******** brand ** *** **, ******* ***** dash **** *** ******* ***% **** over ****. ** *** *** *********, and ***** ******** ** ********* ** dashcams ********. ** ****** ** ******** the **** ****** ********** **** ****, with ** ********** ******** ** ***** One, *** ******** ********* ******* **** AI-inside, ***, *** ** **********.

**** ********* *****'* ******* ** ** ~$30 ******* ** ****** ***** *** above ********** *** *** ******* ***** of *****'* ******** ** *** *** store *** ******. **** ******* ******** would *** *** ******* *******'* ***-***** valuation ** *** $***-*** ******* *****.

Product: ********

***** ******* *** ******* ****** **** record *** **** ** ***** ** 4K. *** *******'* ***** ******* *** capable ** ********* ** *** ********'* mobile ******, **** *** ***** ******** through *****'* ******* *** *** ****. Nexar's ******* **** **** ********** ***** and **** ***** ******.

***** **** **** **** *** **** cams ***** "****** ******** ** *******," providing ********* **** ********* ****** *** support ** ******** ***********, ** **** as **** ********* ******:

*****'* ***** ** ****** ******** ** driving, **** *** **** **** ***** alerts ****** **** *** ************ ********. Drivers *** **** *** *********** *** they've ******, ********* **********, *** ************ ************** **************** ******** "***********" **** ***** ***** on *** **** ***. ***** **** helps *** **** ***** *** ****** your ***, *** ******** ******** ** a ***** *****. **** *********** ** can ***** *** ** ********* ******** to **** ****** *** ** **** emergency ****** ** **** ********, ** case ** * ********* ** ***** harsh ******* *****, ** *** *** get **********.

IPVM Image

******* ********** ***********, ***** ***** ** expand **** *** *********** *******, ********* elements ********* ********** **** * *** alarm. ** ******** ** ****, ***** described *** ****** ******* *****,***** ***(********, ********* ** ***-***** *** *** yet ********* *** ********) ** * "car ******** ******":

***** *** ** ***** ******** * dashcam ** * *** ******** ******, protecting *** *** **** *** ****** is **** ******* *** ****, *** enabling *** ***** ** *** ******* to ***** *** *** ****** **** a ***** ** ***** **** ** fleet ********.

***** *** *** ******* ** *** OEM ********, **** ****** **** ** designs *** ******** ******:

** ****** *** **** *** ******** ourselves *** *** ******** *************.

***** ** *** *** ******** **** on *****'* *******, ********** ***** **** ***, ********** ***** **** ***, *** ********** ***** **** ***, **** **** ** *********** **** California-based ****** *********** **************.

Product: ****

** ******** ** *** ******* ********, Nexar **** *** * **** *** called***** ****, ***** ***** ********** ****** **** Nexar ******** **** *** ********** ******** (screenshot *****). ********** ** ********* ******** to **** ******** *** *********/************** *********** who ******* **** **********.

IPVM Image

***** **** *** ****** **** ********* ************ ** ****-*****:

*** ********* ********* ** ********* ********* (collision **************) *** **** *****.

***** ***** **** *** ********* *** data ******** ** **** ** ** does *** ******* ********, *** ******* nonetheless ********* **** *** **** ******* include **** ********* *** *** ************* in*** ****** * ***** *******:

**** **** ****, **** ********* *** able ** ****, ********** *** *** issues ** * **** ****** ****, while ********** ********* *** **** ** inform ***** ********** ******** ** ********* lying *****.

***** **** **** ******** ********* ** the *******'* **** **** ********** *** most ****** *******, **** *** **. Shir ******** **** **** ***** ******** more **** ** ** *****:

*****, ** ******* **** ***** ** collecting **** ****** **** **** *** US, *** ** *** * ***** opportunity ** ****** *****’* **** ** millions ** ********.

***** ******** *** ********* ********* ** response ** ****'* ********* ***** ***** Data:

*****'* ****** ** ** ****** * real-time *** ** *** *****. ** use ****** **** ******** (*** ******) to ****** **** **** *****, ******* sign *******, **** *******, *** ****. For ********,**'** **** ** *** *** ***** valley ** ****** **** ***** *** road **** *******. **** ***** ****,** ******* ******* ** * ****** way, *********** ***** *** ******* ****** to ******* ***** ** *** *** and ****** **.

***********

***** *** *** ******** **** *** competitors; *******, *** ******* *** *** that ** ***** ****** ** "*** closer" ** ****** **** ***** ***** competitors ** *** ******** *** ******* space:

***** ** *** ****** ** * company ******** ******** **** ** ****** and **** ***** ********* ******* ******** or ***** ********. **'* ********* **** an *** ******/*** ***** ** **** the **** ****** (** *** *****-** GPS *** *******) *** ****** *** send/show *** ***** ******** ***** ********* with ** *** *** *** ****** show ********** *** ****** **** ** visual ********.

**** ********* ************, ******, ************* *****'* **** *********** ** *** US ******** ******* ******.

*******

IPVM Image*****'* **** **** ***** ** $**.**, with *** ****** ***** *** ***** selling *** $***+ ********* ** ****** and ***** *******.

***** **** **** **** ***** ** primarily ***** ******-**-******** ******* ***********.**********,*** ****** ******* **** ***** ** Amazon.

*********

***** **** ****** ** * *** company, **** ***-***** ********* ******* ***** of ************ *******:

*** ******** ******** *** ****** *** consumers ** *********, ** **** ** ride-share *******, **** *******, ********, *** technical ************.

*********

******** ***** *** *********, *** ***** **** *** ***** staff ***** ** ***. ** *****'* employees ** ********, ******* ** ******* are ***** ** ******, **** ********* remaining ******** **** *** **** *** years:

IPVM Image

**** ***** ***** ***** *** **** headcount ** ********, **** *** ******* implying **** *** ******** ********* ** not ********, ********** **** ** "*** grown **********":

** ***'* ****** *** ******* ** LinkedIn ******* *** *** ******* *** grown ********** *** ** ********* ******* a ****** ***** *********:*****://***.********.***/*******.

***** ********* *** ** ****** *** openings, *** ** ***** *** ******.

**-********

IPVM Image

***** *** **-******* ****. **** ****, **** ******, ******** *********-****, ** *** ******** **** *****.

**. **** *** **. ********* **** come **** ******** ***********, **** **** having ******* ******* ********* ***** ** collaborating ** ****** *****.

"Leading" ****** ***** ***** ********

***** ********** ****** ** ** ***** the **'* ******* ******/******* ******. *** example, ** ******** ** ****'* ******* for *******, ***** *******:

***** ** *** ******* ******* ******** brand ** *** ** [...]

*********,**. **** ***** *** ********* ** his ******** **** ************** *****'* ****** *:

*** ***** **, ** **** ******* to ***** *** ***** ** ****** cameras *** ******** **** **** ******** of ********* ** ******* ****** *** world,and ****** *** ******* ******** ****** ***** ** *** **. [emphasis added]

**** ***** *** ******* ** ************ its "*******" ***** *****, **** *****'* VP ** *********,**** ******, ********** **** *** ***** ** based ** ****** ******** **** ******* *** *****:

** **** *** **** ** ******* sales *** ******** ** ** *** actual ***** ******* ***** **** ************.******** ** **** *** ****. (*** online ***** ****'* ******* ** *** according ** ***** ***********). *** ****** was **** ** **** **** $**+ cameras (***** **** ****) **** *** other *****.

Nexar ******* **** ** ***-****'* ****** ********* ******, ************* ****** ** ****** ***

***** *** ******** ***** ******* ******* on *******, ********* *** ********* *****, "*** ***** ***** ****** * ***** Beam - *** **** & ****," ** **-***** ********** *********** ****:

** *** *****, **** **** ********** several **** ** ******** ****, ***** ********* ***** *** $***.** on *****'* *******. ***** ***** ****, Metz **** **** **** *** ******* is ******* **** *** **-** *** cellular **** *********** ** *** ****'* cellphone *** ********* (*.*., *** ***** dashcam ******** ** *** ****'* ********* and ******* ******** *** ******** *** cloud *******), ****, ** *** ***-**** turns *** **-** ** ***** ********* or ** ******* ******* ** **** with ** ******** **** ********, *** Nexar ******* ** ****** ** ****** to *** *****.

***** ****** **** **** ********** *** been ***** **** *** *******'* *** Nexar *** *******:

**** ******* ** *** *******'* ********—*** new ***** *** ****** *** ****** video ******* ** ***, ******* * cellular **********.

**** **** **** ****** **** ***** cameras ** *** ****** ****** *** end-user *** ***** *** ************* ******* on ***** ********* (*.*., ******* *** or *** ******** ***** *** ************* blocks *** ***-**** **** ********* ***** recordings). ***** **** **** **** ********** the ************ ***** ** ** *** product ******* ******* ********* ******* *******:

** ** *** ********, **'** ******* to ******* **** ****** *** ******* roadmap.

Nexar **** ** *********** **** ** ******** ********, ******* **** *******

*****'* $** ******* ****** * **** in****, * *********** **** *** ******** security *********** ***** *** ******** ********* collectively ***** ** ***** $*.* *******.

IPVM Image******* *****(********), *** ***** ******* **** ******* technology ********* ******* ** ********** ** the **** ** ********** ** *** Israel ******** ******* ** *** **** Coast ** *** *********, **** **** that **** *** ********* * ********* year *** ******* ********** ********* **** US ********** **** *****, ****** **** 2021 ********* * ******* ****** ** available *******, ******* **** ****** ********** than ** ******** *****:

***** *** * *** **** ******* available, *** **** ********** **** * lot ****** **** ****, *** ****'* driving ******* ****** ***** *** **. A *** ** ********* ****** *** made *********** **** **** ******* ***** they ****'* ** ** ** ****.

Fleet ***********

***** *** **. **** ***** **** being **** ** ***** *** ***** of ****** *** * ******* **** behind *** *******'* ****** ***** *** dashcam** * ****** ******* **** ****:

***** *** **** **** ***** ** to ******* ****** **** *** ******** of *** ***** ********* ** ******** with * ******** **** ****** **** perfectly **** ***** *****.

***** **** **** **** ** ** planning ** ****** ****** ** ****, using *** ***** *** ****** **, among ***** ******, ******* ****** ********:

** *** ***** *** ******** **** evolve ** **** **** ***** ** to ******, ***** ** *** ******** to ********* **** ******** ********* **** support ***** **********. **** ****** **** also ** ******* ** ****** ** 2022, ******** ****** ********** *** ******** through *** ******* ** ******** ******* situations, ****** ****, *** **** ***** protection ** * ****** ***, ********** in ***** ***** ***** ** * chance ** *** ***** ** *** car ***** ******.

Coronavirus ******: ***** **

**** ***** ***** *** ****** ** the ******* *****-** ******** ** *** business, ***** ******** **** ** ***** **** ******* ************* * ~**% ********* ** ****** miles ****** ****** *** ** ******* during *** ******* ****** ** *** pandemic.

**** ********, ***** ****** * ~**% jump ** ***** ****** ***** **** 2021:

** *******, ** *** *** ******* miles ****** ***** ****** ** ** grow *** *******—**'** ********* ** *** million ***** *******, ** **** ** be ** *** ******* ***** ******* in **** ****.

International *********

***** ***** **** **** "****" ** its ***** *** ** *** **, the ******* ***** ** ****** *** sales ** ****** *** **** ** 2022:

*********, **** ** *****’* ***** *** in *** **. *******, **’** ***** selling ** ************* *******, **** *** UK ** ****** *** ****-*******. ** 2022 **********, **’** ****** **** ** international *******, **** ** ***** *** even **** ********* ** ******** **** the **.

*********, *****'* *** ***** ** **** available ** *******.

Comments (8)

*’** ********** ****** ***** ***** ***** dash ****, *** *** ***** **** is *** *****/***** * ***** ** keep ** ** ******* ***********. *** main ****** * ***** ** **** this ****** *** ********* ********** ** recorded ***** ************* *** ******** ***** quality.

**** ********, * *** ** ******* in *** ** *** ****** (***** in-warranty, *** * **** ****** *** oil ******* ******** ** ** *** history). *** **** *** *** ********* to **’* ***** ***** ** **** due ** *** **** **** ** phone *** *** ****** *********. **** I ******* *** ** ******* **** from *** ******, ** ***** **** automatically ******** *** ***** **** *** recorded **** *** ******* *** *** of ** **********, ** ***** **** I ********** **** ******* ******* ** take * *** **** ** ** heavily ******** (************ *****) *******. ******** to ***, * **** *** ***** as ******** **** ** ********** ***********… But *** **** *******, *** ***** dash *** ***** *** **** **** me **** ** ***** **** *****. The **** ****** ******** ******* *******, flagged *** ***** ** ** *****, and **** ** *** ******** ** my ***** ****** ** ******* ** getting ** ** *******, * **** the ***** *** ***** *****. ** to *** ***** * *** ****** other **** *** ******/******, ** ***** brand *** **** *******.

*** *** **** ********* * *****…

***, ****/**/** - ********* ** ***** tech *******, ***** *** ** *** of ******** **** ******** ****** ** their ******** *** **-***** *********. **********, as ******* *** *** ****** *** a ********* ***** ************, * ***** that **** * ***. **** ***’** an ************ *** **** ** *****, and *** ***’* *** **** *** chip ************ ** ****** *** ******** around ** *********** *** ***/**** ***** overlaid ** *** ** *** *****, you **** * *******.

***, * **** * **** ******* with ***** **********. *********** *** *** Nexar’s ***** ******** *****, **** ****** is ****** ******* ********* ** *** local *******. ** **** ** ** is ********* ** * *****, ** is ********* *** ***** ** ********* amount ** ***** ** **** ***** which *** *** ********* ** ***********, then **** **** ***** ******** ** a ******** **-** **********, ** ******* to ***** ***** ***** ********** *********** extracts ***** **** **** ********. *** when *** *** **** ******* ** the ***** ***** **** ***’* **** relevant, **** ***’* **** * **** answer. ***** * ***’* **** ***** from *** ****** ** ** ****** or ** ***** **** ****** ** property ***** ******** ** **** ***** service. **** ** ** ********* ** the ******* *** ****** *******, *** the **** *** * **** ***** it ******** ** ******** **** ** to ****** ** ***** **** ** phone *** ****** * **** ** vehicle ***. * ***’* **** ******** to ****, * **** ***’* **** anyone ** *** ** *** ****** my ********.

** ******, ***** **** **** ****** two *****, * ***’* **** * lot ** *** ****** ** *** about **** *******… * **** ** so ****-******** **** *** ****** *** caveat ** **** ** ********, ************ when ********* **** ******* ** ***** comps ** *** ******, ** ** heads *** ***** ***** *** ******.

****** ***********.

Agree
Disagree
Informative: 4
Unhelpful
Funny

***** ******** *****, ***** ******* ** really **********!

***** ***** *** ***** ** **** on **** *********** ****?

Agree
Disagree
Informative
Unhelpful
Funny

******-** ** ********…

** ****, ******** ****** **** ****** slick *****-******* ********* *******, ******** *** to *** ******** ******* ** *** vehicle ******** *** ******** *****.

********** ****: ** ** *******… *** get * ************ *** ********** **** *** ******* **** *** integrated **** ******** **** *** *******, and ***’** ****** ******* *** ***. Hard *********** ***** *** ****** ** customization ****** ******* ** *******, *** when *** ******** **** *** ******* black ***** **** * **** ****** recording *******-********* ******* *** ****** **** video **** ** ******** ******, ** IS ********, *** ******** ***** ******* down *** *** ****** ** * new ****** ***** ********, * **** there *** ***** ***** ** *** out *** *** *-*** ** ********* that *****— *’** **** ***** *** same ******** ** * *** ****, as **** ** * ***** ******.

Agree
Disagree
Informative
Unhelpful
Funny

**** ** ***** ** *** *** them *** **** ****** ***** ******* of *** ****** **** ***. ** was **** ** *** ******* ****** with * *** ******** **** *** then **** ******* **** ** *** be **** **** ** ***** *** delivery. ** ******* ***** *** ******* email. ********* *** ****** ***** ****** do *** **** *** ******* ********* as ****** ** *** ****** *** at ***** *****.

Agree
Disagree
Informative
Unhelpful
Funny

* **** ****** **** ******** *** settled ** ******** *** * **** time. *** ********** ******* ***** ** quickly. ***** ************ * ***** *** of ******* ******** *******, * ******** to *********.

*'** *** ** ****** **** ********* in ****** ***** ***** ** ***. They're **** ********.

*'** **** ** **** ** *****.

Agree
Disagree
Informative: 2
Unhelpful
Funny

**** ******* ** *** **? *** come *'** ***** ***** ** ****?

** **** ******* ***** ** ***** direct *********** ******* *** *** ***** into *** *** *****, *'* ** more ******* ***** ***** ******. ** seems **** ** * ******** ****** of *****, *** ********* * ***'* see *** ********** ****** *** ** the **** ***.

***** *** ** * ***** ****** opportunity *** *** ****-**** ********* *******, Lemonade, ** ******* **** **** *** around *** ******** **-******** ****, *******?

** ******* ** **** ******** *** vehicle **** **** ****** ******* ************ into ******** **** **** ** **** they *** *****, *** *** ***** commercial ****** ************ ** ***** ** open-architecture *******-***** ****** (*** **** * regular ** ***) **** ** ******* a ****** ****'* ********* *** ***** addressed *** ******, ****'*, *** ***** fleet's.

Agree
Disagree
Informative
Unhelpful
Funny

***** *****’* ************ **** ************* *** missing *** **** ** ** *** appliance ****. ** *** ***** **** big ***** *** *** **** ** hide… ** *** ***** *** *******, no *** ***** ** ******* *** cost, **’* * *** **** **** the ******** ***** **** ******** *** become *** **** *** ***** **********, we **** ****** **** ****. **** at ***** ********’ ****** *********… ******* the ****, ***, **** *** ****** enormous, ************ *********, *** ****** ***********.

*****’* **** ****** ************* **** ** do * ****** *** ** ****** and *******-** ***** ***** ****** ******** in ***** *** **** ** ** suitable *** ****** ************. ****’* *** thing, ** *** *** * ****** or **** ****** **** * ********** good ***** ** ** *** ******, you ***** ****** * ***** ******* standalone ****** ** * ******* *** get **** **** **. ******* ****** with *****’* ********, ** ***** ****. End-users ****** *****, ***** *******, *** contact ****** *** ** **, *** today’s **** ************* **** ** ***** that **** ************ ******** **** *** black *** **** ** **** ****** and */**, *** **** ** *** surrounded **** ***** **** ************ ****** cameras **** ** *** ** *** above ******* *** ** *** ***** complexity *** ****. **** ***** ***** that *** ******* ** ********* ******* channels ** ***** ** *** ***** is ******* ****** *** *** **** a ***** ***** ***, *** ** aforementioned *****, ********* **** ******** *** do **.

*’* ***** ** *** **, ******** is ***** ** **** **… ** you ***** *** ********* **** * 12VDC ******* ****** **** ********* *********, a ****** *** ** ****** ******* for ***** ********* *** ********* **-******, with *** ******* ** ****** ***** when ** ********* ** ****, *** then *** **** ****** ******-******* ******** to **** ****** **** *****, ****, shock ********* (**** *** **** ******* have **** ** ***** *******), * CCTV ************ ***** **** ****** ** these ** ******* ***** ********, *** you’d ** **** **** * ****** slick & **** ************-***** ****** ********… but ***** ************* **** ****’* ****** attention.

***** **** **** *******… **** ******, nice **. *** **** ****’** *** profile ****** *** ****** ******* ************, police *** ******* ***** *******. *** hard ***** ** ** ** ***** these *** *** ** ****** ******* applications? ******** ** ****** ****… **’* worth **, *** ************* *** *****, from ****** *** *********, ** ***, train, *** ******** ******. *******, *****’* CCTV ******* *** **** ********** ** me-too *******— “*… **** **** * dual-sensor ******.” “******, **** * **** done *** ****, *** **** *** IR.” “******, **** **** **** ** higher ********** *** *** **.” ****.

********. **** *****. *** ****** **** out ** *** ****** *** **’* in.

Agree
Disagree
Informative
Unhelpful
Funny

******** ** ***** ** **** **… if *** ***** *** ********* **** a ***** ******* ****** **** ********* recording

****'* ******* ********* ********* *** ************* since **** **** ** **** **** to ****** ** ****** ** **** to *********** *****, ** ** ********* here.

Agree
Disagree
Informative
Unhelpful
Funny: 1
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