US, October 30, 2014: California-based location intelligence platform developer, Telogis has received an equity investment from GM Ventures, the venture capital subsidiary of General Motors. The investment extends the existing partnership between General Motors and Telogis that was formed earlier this year to take advantage of GM’s OnStar connected vehicle infrastructure to bring Telogis’ telematics and fleet management solutions to GM customers. The financial terms of the transaction were not disclosed.
“Telogis’ history with us and their understanding of the power of OnStar connectivity made this a natural fit,” said Jon Lauckner, president, GM Ventures, adding, “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.”
Both the companies also announced the launch of Telogis Fleet for GM solution. Telogis has worked with the GM team to deliver built-in intelligence solutions and services to commercial GM customers on model year 2011 and newer vehicles equipped with OnStar hardware. This means that no additional hardware would be required to activate Telogis Fleet services