IT, Software & Media
Established in 2002 with the launch of the original Cyclops GPS Driver Safety System, Cyclops now also supplies leading navigation and automotive brands with premium quality, dynamic, software and content services, offering global coverage of safety zones. The business continues to innovate and has recently launched the Speedwatch App. Millions of users of Cyclops software, databases and devices rely on Cyclops to keep an eye on the road ahead.
Why we like the business
Prior to our initial investment, the management team had bought the rights to the patented technology from a corporate who, having developed the concept, had then decided to concentrate on other core activities. The combination of experienced management, developed product and the significant growth potential in the wider ‘navigation’ market was key to our investment decision.