RoadMetric

Mobile Law Enforcement Technology

Automotive & Mobility Technologies
Acquired (Inactive) by Redflex Traffic Systems on Dec 2020 - closed due to acquisition

Company Overview

Snapshot

Founded in May 2007 by Yaniv Alon, RoadMetric operated with 1–10 employees. The company secured funding across one round, raising a total of $200K. In December 2020, RoadMetric was acquired by Redflex Traffic Systems.

Business overview

RoadMetric develops technology to enhance mobile law enforcement operations. Its core offering includes real-time multimedia surveillance systems that optimize traffic stops, improve officer safety, and maximize usable evidence, aiming to reduce court cases and associated costs. The company also provides automated policing solutions for traffic violations such as tailgating, solid-line crossing, and failure to yield. RoadMetric serves the law enforcement sector by leveraging advances in computer vision and a blend of hardware, software, and mechanical engineering to deliver solutions like automatic license plate recognition and high-definition video recording.

Strategic signal

In December 2020, RoadMetric was acquired by Redflex Traffic Systems. This acquisition signifies a strategic move to integrate RoadMetric's mobile law enforcement technology, particularly its AI and transportation management capabilities, into Redflex's portfolio. For investors, this indicates the market's valuation of advanced computer vision and AI solutions in the public safety and traffic management sectors, highlighting the potential for consolidation and strategic exits in this space.

Company Intelligence Q&A

What is RoadMetric's primary focus?
RoadMetric focuses on developing mobile law enforcement technology, including real-time multimedia surveillance systems and automatic policing solutions for traffic violations, to enhance officer safety and evidence collection.
When was RoadMetric founded?
RoadMetric was founded in May 2007.
Who founded RoadMetric?
RoadMetric was founded by Yaniv Alon.
What was a significant corporate event for RoadMetric?
In December 2020, RoadMetric was acquired by Redflex Traffic Systems, leading to its inactive status.
What is RoadMetric's employee count?
RoadMetric operates with 1–10 employees.