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February 11, 2016 10:58 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 Launches GreenRoad Mobile solution

GreenRoad announced the next generation release of its GreenRoad Mobile solution. Consistent with its commitment to serving fleets and mobile workforce organizations worldwide through driver behavior based technology, services and expertise, GreenRoad is equipping organizations with a mobile solution that addresses real-time driver behavior and coaching, vehicle tracking, vehicle maintenance, hours of service and fuel usage optimization. GreenRoad Mobile is changing the way safety and fleet managers drive positive, sustainable change in their organizations. GreenRoad Mobile combines a flexible platform that allows customers to access core driver behavior analytics with GreenRoad’s performance management experts who have extensive driver safety and fleet management experience. The solution enhances any fleet or mobile workforce’s capability to mitigate risky driver behavior by setting organizational standards and controls for any and all drivers. Stakeholders (e.g., safety & fleet managers, risk & operations management, c-suite, and finance teams) can access and collaborate through the platform and have total visibility into the performance of both their drivers and their fleets. The solution will enable any organization to easily identify safety, operational and fiscal improvement opportunities (e.g., driver hot spots, driver safety scorecards, fuel management, vehicle health and hours of service).

Greenroad and First Bus Announce Renewal of Contract for Driver Behaviour and Fleet Performance System

GreenRoad announced that they are renewing their successful and long-standing relationship with First Bus for an additional three-year term. GreenRoad devices installed in every First bus and coach continuously monitor vehicle operations as drivers ply their routes. An unobtrusive LED indicator provides instant feedback to drivers when they carry out manoeuvers such as braking, accelerating and turning. Drivers are individually scored on the number of events over driving time, with lower scores indicating more safe and fuel-efficient driving behaviour.

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.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 25, 2015
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