Telogis Receives Investment From Fontinalis Partners
Michigan-based investment firm Fontinalis Partners, has announced last week that it has invested in Telogis, Inc., a global provider of cloud-based fleet management software products. Details about the size of the investment have been
Founded in 2009 by William Clay Ford, Jr. ("Bill Ford"), Ralph Booth, Mark Schulz, Chris Cheever and Chris Thomas, Fontinalis invests in next-generation mobility solutions. Companies in portfolio include start-up such as Life360, Streetline, ParkMe, Parkmobile and RelayRides.
"Telogis is well capitalized, but Fontinalis' investment and its unparalleled network of strategic partners will enable further growth and innovation and play a critical role in our ability to continue to deliver transformative technologies to customers around the world," said David Cozzens, chief executive officer of Telogis.
"Our customers' ability to optimize mobile operations and realize near-immediate ROI from our platform is fueling rapid adoption and an unprecedented opportunity for us to lead this market."
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