What about writing it to some file and call LOAD DATA INFILE? This should at least give a benchmark. BTW: What kind of DBMS do you use?
Instead of your sendToDB-function, you could use sqlSave. Internally it uses a prepared insert-statement, which should be faster than individual inserts.
However, on a windows-platform using MS SQL, I use a separate function which first writes my dataframe to a csv-file and next calls the bcp bulk loader. In my case this is a lot faster than sqlSave.
There's a HUGE, relatively speaking, overhead in your sendToDB() function. That function has to negotiate an ODBC connection, send a single row of data, and then close the connection for each and every item in your list. If you are using rodbc it's more efficient to use sqlSave() to copy an entire data frame over as a table. In my experience I've found some databases (SQL Server, for example) to still be pretty slow with sqlSave() over latent networks. In those cases I export from R into a CSV and use a bulk loader to load the files into the DB. I have an external script set up that I call with a system() call to run the bulk loader. That way the load is happening outside of R but my R script is running the show.