ALISO VIEJO, CA--(Marketwired - Mar 13, 2014) - Continuing its wave of momentum, Telogis has been able to sustain substantial year-over-year growth -- even during an economic downturn -- earning it a place among an elite list of companies on Inc. Magazine's "Build 100." Telogis provides a cloud-based location intelligence software platform for companies that require advanced telematics, route optimization and territory planning, real-time work order management, commercial navigation and mobile integration services for their mobile workforces.
Inc. began the Build 100 project by profiling and collecting data on more than 100,000 mid-market companies based in the U.S. that were consistently able to increase their headcount from 2007 to 2012. "Remarkably, fewer than 1.5 percent of the companies [we looked at] met that standard," cited the article from Inc. Magazine. "We focused on head count rather than revenue because we found that increased hiring is more predictive of future sustained growth, and it's what this project is all about."
"It has been our ability to focus on research and development and innovation that has sustained our growth over the last several years -- especially as it relates to head count," said David Cozzens, CEO, Telogis. "By investing in the talented people who keep us at the forefront of innovation and help us to provide the best products and services to our customers, we cannot help but to come out ahead in the market and continue to lead."
Telogis recently secured a $93 million institutional financing round led by Kleiner Perkins Caufield & Byers (KPCB). Telogis is using the investment to further capitalize on the market and continue to focus on providing innovative technologies and solutions that enable enterprises and organizations to optimize the management of their mobile assets including better data collection and analysis.
Telogis' ranking on the Build 100 list marks the latest recognition of the company's momentum and leadership in the market. Last month Telogis received four Stevie Awards for excellence in customer service and support. Telogis was also listed as a Top Workplace in Orange County, Calif., among Deloitte's Technology Fast 500 for its sixth consecutive year and on Inc. Magazine's "Inc. 5000" 2013 list of fastest-growing companies in North America for the seventh year in a row.
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).