Driven by substantial year-over-year growth in 2012 and a large and rapidly growing multi-billion dollar market, Telogis was listed among Deloitte’s Technology Fast 500 for the sixth consecutive year.
The company, which has its UK operations based in Bracknell, once again topped the list in the location-based technology industry. Telogis provides a comprehensive SaaS-based location 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 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “This year’s list is a who’s who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next.”
“As the world’s mobile workforces grow exponentially over the coming years, demand for sophisticated location-based technology and services such as those offered by Telogis will become increasingly mission critical to businesses with workers outside the four walls,” said David Cozzens, CEO, Telogis. “Our ranking on Deloitte’s Technology Fast 500 for six consecutive years represents our continued commitment to innovation and delivering crucial data and insights that drive our customers’ bottom lines.”
Telogis recently secured a $93 million institutional financing round led by Kleiner Perkins Caufield & Byers (KPCB). Telogis intends to use the investment to further capitalise on the market and continue to focus on providing technologies and solutions that enable enterprises and organisations to optimise the management of their mobile assets including better data collection and analysis. In the UK this will translate into investment in the current product line to target new markets, and a significant increase in staff numbers and office space to provide local support for its growing customer base.
“The fastest growing companies in the U.S. are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and internet companies continue to be at the forefront,” added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. “Companies that are excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year.”