Telogis, a US-based location intelligence platform backed by automotive manufacturer General Motors (GM), has raised $25m from undisclosed investors, according to a regulatory filing yesterday.
Founded in 2001, Telogis has developed a cloud-based logistics software system aimed at trucking companies. The software can be installed on existing platforms built into vehicles from a range of truck manufacturers and enables the collection of location data that facilitates fleet management.
GM Ventures, GM’s corporate venturing unit, invested an undisclosed sum in Telogis in October 2014 following an agreement earlier in the year to integrate the company’s technology into GM’s OnStar connected vehicle infrastructure.
Investment firm Fontinalis Partners had provided an undisclosed amount of funding for Telogis in September 2014, the previous month. Venture capital firm Kleiner Perkins Caufield & Byers invested $93m in the company in 2013, bringing its total funding at the time to approximately $101m.