Telogis expands in UK with $93 million fund

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Telogis has announced plans to expand in the UK, following a $93 million (£57.8 million) institutional capital win by its US-based parent company.

Telogis offers a S-a-a-S based platform for customers that require dynamic routing, real-time work order management, commercial navigation, telematics, and mobile integration services.

It had previously been privately financed by its founders, management and other individuals, but this investment is the company’s first outside input of institutional capital.

Telogis will use the investment to develop its current product line in the UK, to target new markets, as well as increase its number of staff and office space.

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