Telogis Receives Investment from GM
Telogis said it has received an equity investment from General Motors Co.’s venture capital subsidiary. Terms were not disclosed.
The investment extends a partnership between the companies to bring Telogis’ fleet management and telematics to GM customers through the OnStar system.
“This investment brings together the strengths of both companies to deliver software technology that improves the productivity and capability of customers that operate GM vehicle fleets and use the Telogis suite of routing, mobile resource and fleet management software,” Jon Lauckner, president of GM Ventures, said in a statement.
The Telogis Fleet software is now available to commercial GM customers with model year 2011 and newer vehicles equipped with the OnStar hardware.
The system is able to provide information about the vehicle including, driver behavior and vehicle health as well as location. The Telogis system can enable a vehicle’s remote engine start and activate the remote door lock.
“The ability for GM fleet customers to pull this kind of data off of their vehicles is one of the biggest differentiators in the fleet and commercial industry,” Ed Peper, U.S. vice president, GM fleet and commercial,. said in a statement. “Telogis Fleet for GM will be a complete game-changer for our customers by helping them optimize their businesses.”
