August 25, 2016 7:21 PM ET

Internet Software and Services

Company Overview of Lytx, Inc.

Company Overview

Lytx, Inc. provides fleet safety management solutions. The company offers Lytx DriveCam Enterprise, a safety program to reduce unsafe driving behaviors and improve fleet performance with video-based coaching; and Lytx DriveCam Protect, a fleet safety program for companies with 350 vehicles or less. It also provides Lytx Fuel Management program that identifies the impact of driver and vehicle factors on fuel consumption to help curb gas-guzzling behaviors and optimize vehicles’ fuel potential; and Lytx Fleet Tracking, a program that allows a real-time view of vehicle location to help optimize day-to-day productivity and cost efficiency. The company serves concrete and construction, distributi...

9785 Towne Centre Drive

San Diego, CA 92121

United States

Founded in 1998

Phone:

858-430-4000

Fax:

858-430-4001

Key Executives for Lytx, Inc.

Chairman and Chief Executive Officer
Age: 52
Co-Founder
Chief Financial Officer and Senior Vice President
Age: 47
Chief Privacy Officer, Senior Vice President, Corporate Secretary and General Counsel
Chief Marketing Officer and Executive Vice President
Compensation as of Fiscal Year 2016.

Lytx, Inc. Key Developments

Pana-Pacific Chooses Lytx to be its Sole Video Telematics Partner

Lytx, has joined forces with Pana-Pacific, to sell and install the Lytx DriveCam program through the nationwide network of Heavy-Duty Truck dealerships, beginning in July 2016. The dealerships representing this cross section of the transportation market will now be in a position to offer their customers the Lytx DriveCam program. Select dealerships will also be certified to install the Lytx DC3P video event recorder used with the Lytx DriveCam program in their on-site service department.

Lytx Wins Federal Contract for Video Based Driver Risk Assessment

United States Marine Corps (Department of the Navy), -MCRD Parris Island, has awarded a NTE $19, 168,348.80 federal contract on June 22 for Video Based Driver Risk Assessment. The contract awardee was Lytx.

Lytx May Pursue Acquisitions

Lytx, Inc. may intend to pursue acquisitions. GTCR, LLC has signed an agreement to acquire Lytx. "We've got resources to help him grow, especially through acquisition," Canfield said.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 18, 2016
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