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VaaS International Holdings
Information by Research Trustfinance
VaaS International Holdings, parent company to Vigilant Solutions and Digital Recognition Network (DRN), pioneered the concept of Vehicle as a Service (VaaS). The company's mission is to leverage data and analytics to provide actionable intelligence that aids in vehicle recovery for financial institutions and supports law enforcement investigations. Through its subsidiaries, VaaS built a vast network of vehicle-mounted cameras to capture and catalog license plate data, which is then accessed by clients through a proprietary software platform. In January 2019, VaaS was acquired by Motorola Solutions for $445 million and its technologies were integrated into Motorola's command center software suite.
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