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July 07, 2015 11:34 AM ET

Software

Company Overview of GreenRoad Technologies, Inc.

Company Overview

GreenRoad Technologies, Inc. provides driving performance and safety management solutions for fleets and other organizations worldwide. The company offers GreenRoad Driver Improvement Loop, a technology-based personalized driver self-improvement solution that understands driving behavior and transforms driving culture. It offers technology and programs to inform and engage many types of drivers for reducing driving risk, saving fuel, and reducing insurance and maintenance costs. The company was formerly known as Drive Diagnostics, Ltd. and changed its name to GreenRoad Technologies, Inc. in September 2007. GreenRoad Technologies, Inc. was founded in 2002 and is based in Redwood Shores, Calif...

3 Twin Dolphin Drive

Suite 300

Redwood Shores, CA 94065

United States

Founded in 2002

Phone:

650-551-1530

Fax:

650-551-1539

Key Executives for GreenRoad Technologies, Inc.

Chief Executive Officer, President and Director
Age: 49
Chief Financial Officer
Age: 39
Chief Operations Officer
Senior Vice President of Research and Development
Chief Technology Officer
Compensation as of Fiscal Year 2015.

GreenRoad Technologies, Inc. Key Developments

GreenRoad Technologies Announces Expanding Activity in the North American Fleet Market; Announces Management Appointments

GreenRoad Technologies announced that it is expanding its activity in the North American fleet market. In order to spearhead sales and customer success, GreenRoad has appointed Senior Telematics Industry Executives Ken McCann and Blake Burns, both of whom will be based at the company’s new headquarters in Austin, TX. McCann, an industry veteran who previously contributed to the growth of telematics companies FleetMatics and Telogis, will serve as SVP Sales, North America.

Haim Shani Joins Greenroad's Board of Directors

GreenRoad announced that it has raised $26 million in growth capital. The investment round was led by Israel Growth Partners with participation from existing investors Amadeus Capital Partners, Benchmark Capital, DAG Ventures, Generation Investment Management and Virgin Green Fund. IGP General Partner Haim Shani has joined the GreenRoad Board of Directors.

GreenRoad Launches Fuel Management and Vehicle Health – Building Holistic View of Driver and Vehicle

GreenRoad announced that it has added fuel management and vehicle health to its driver behavior and safety solution. The new features round out GreenRoad’s comprehensive suite for fleet productivity, which includes idling management and advanced GPS tracking as well as best-in-class driver behavior and safety. The vehicle health module helps managers predict and avoid expensive malfunctions and service disruptions by providing real-time, remote visibility into critical indicators, such as oil pressure, engine temperature and battery voltage. The fuel module tracks and reports fuel consumption and miles per gallon, complementing GreenRoad’s proven approach to improving fuel economy and emissions reduction by changing driver behavior. Both modules leverage the powerful, easy-to-use exception management tools in GreenRoad’s web console, including real-time alerts, an automated to do list, intuitive dashboards, clickable drill-downs, trend analytics and configurable reports. Vehicle health alerts are also highlighted on a simulated dashboard for each vehicle and on the live fleet location map, giving managers complete information about their fleet’s status at a glance. GreenRoad will be demonstrating its new features at Coach and Bus Live 2013, October 2nd and 3rd, stand T46.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 25, 2015
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