Telogis announced that it has closed $93 million in institutional capital financing led by Kleiner Perkins Caufield & Byers (KPCB). Telogis intends to utilize the investment to further capitalize on the large and rapidly growing multi-billion dollar market for location-based products and services designed specifically for enterprises and organizations with substantial numbers of mobile workers and vehicles.
KPCB was joined in the round by several other leading growth equity and crossover institutional funds. KPCB partner Ryan Popple has joined Telogis’ board of directors.
Since 2011 Telogis has been the exclusive technology provider for Ford Motor Company, powering its factory-installed Ford Crew Chief telematics solution for Ford commercial vehicles. Telogis also partnered with Volvo Trucks earlier this year to co-develop new telematics and navigation services for Volvo customers.
Telogis also announced earlier this week an extension of its SaaS-based location intelligence platform, Telogis Route Planning Suite, for the food and beverage industry. Telogis says its location intelligence platform is for companies that require dynamic routing, real-time work order management, commercial navigation, telematics and mobile integration services for their workforces in the field.
Telogis’ platform approach for the food and beverage industry – or any sizeable mobile enterprise – gives customers an integrated SaaS to manage all aspects of mobile operations. The Telogis platform combines strategic and dynamic planning with mobile apps that log delivery drivers’ Hours of Service (HOS) and other compliance requirements plus mobile forms, commercial navigation and telematics.
The Telogis Route Planning Suite supports static, fixed-route and territory planning as well as dynamic routing.
“Whether companies are making hundreds of service calls a day or delivering the world’s best ales and microbrews, Telogis can help distributors manage all field resources including sales, delivery drivers and merchandisers,” said Newth Morris, president, Telogis Route and Navigation. The planning suite includes the following modules:
