Fueled by accelerating market demand and the company’s ongoing global expansion, Telogis joins an elite number of companies that have earned a spot on Deloitte’s Technology Fast 500 list of the fastest growing companies in North America for its seventh straight year. Telogis provides a comprehensive SaaS-based connected intelligence platform for companies that require commercial navigation, real-time work order management, dynamic routing, telematics and mobile integration services for their mobile workforces.
“The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.”
“Telogis’ connected intelligence applications and services have a transformational effect on the way our customers run their mobile enterprises, and the adoption rate will only increase,” said David Cozzens, chief executive officer, Telogis. “In order to meet the demand for what have become mission-critical business applications, we will continue to invest in R&D and expand into new industries while attracting and retaining the best people in the business.”
Last year Telogis secured Southern California’s largest institutional funding round, led by Kleiner Perkins Caufield & Byers (KPCB). Telogis is using the investment to further capitalize on the market and continue to focus on providing technologies and solutions that enable enterprises and organizations to optimize the management of their mobile assets including better data collection and analysis.
Telogis also announced strategic investments from Fontinalis Partners, a private equity firm founded by William Clay Ford, Jr. (“Bill Ford”) and from GM Ventures, the investment group within General Motors.
“For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies’ DNA,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “We’re glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas.”
Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 123,678 percent from 2009 to 2013, with an average growth of 1,640 percent.
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