Telogis is Ranked Among Deloitte's "Technology Fast 500" for the Sixth Year in a Row
ALISO VIEJO, Calif., Nov. 14, 2013 — 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 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 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.
“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.”
Telogis, Inc., the platform for location intelligence, is dedicated to enhancing the value of its customers’ businesses through intelligent integration of location technology, information and services. Telogis was established in 2001 and is headquartered in Aliso Viejo, Calif., with offices in Europe and Latin America as well as development centers in Austin, Texas; Toronto; and Christchurch, New Zealand. Telogis’ products and services are used and distributed in more than 100 countries worldwide. To learn more about Telogis, visit www.telogis.com or call toll free at 866-TELOGIS (866-835-6447).
About Deloitte’s 2013 Technology Fast 500
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2008 to 2012. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.