TELOGIS, LOCATION INTELLIGENCE PLATFORM RAISES $25 MILLION


What does Telogis do?

Telogis is cloud based location intelligence platform that has revolutionized the way companies do business. It helps in making the assets and the workforce of the company more intelligent.it provides companies with real time work order management, telematics, navigation and mobile integration services.

With a good research and development potential it provides intuitive solutions to maintain large amounts of data and thereby leading to a rapid user adoption.

With providing complete cloud and SaaS based applications Telogis helps in creating a more rapid return of the investments and thereby enhancing the provision of potential solutions in this volatile market.

How much was Telogis Funded?

Undisclosed funding round saw Telogis raise $25 million on the 18th May 2015 from undisclosed investors that has taken the total funding for the firm to be about $120 million in 5 rounds.

Previous funding:

GM Ventures has provided an undisclosed amount on the 27th October 2014.

Fontinalis Partners have invested an undisclosed amount in the company on the 10th September 2014.

A private equity funding of about $93 million was funded on the 1st October 2013 by investors Kleiner Perkins Claufield & Byers and Cross Creek advisors.

A venture funding for $2million was done on the 3rd of April 2009.

What is next for Telogis?

Telogis aims to enhance the businesses of its customers through value addition and intelligent integration of technology through its platforms and thereby creating unhindered services via the recent funding. With a unique blend of technology and flexible platform it help in creating truly enterprise friendly services.

More about Telogis:

As one of the fastest growing connected intelligence platform solutions firm it was initially founded in the year 2001 and has its headquarters in Aliso Viejo, California. With David Cozzens as its CEO the company hopes to expand further from its already burgeoning market for connected intelligence platforms.