Wednesday, October 2, 2013

Telogis Raises $93 Million

In what looks to be one of the largest, venture capital deals in Orange County so far this year, Aliso Viejo-based Telogis said Tuesday that it has raised $93M in a funding round, for the company's location-based intelligence technology. The funding was led by Kleiner Perkins Caufield & Byers, and also included un-named growth equity and crossover institutional funds. KPCB's Ryan Popple joins the company's board of directors as part of the investment. Telogis develops a platform used by companies for work order management, commercial navigation, telematics, and other mobile services for their works. The big funding round is the first, outside funding for Telogis, which has been bootstrapped by its founders since 2001. More information »