About Cadec
Cadec is an Industrial Goods & Manufacturing company based in Manchester (United States) founded in 1976, and was acquired by Peoplenet in May 2015. GPS tracking and fleet optimization services are delivered. It operates in the Industrial Goods & Manufacturing and Transportation, Automotive & Logistics sectors. Cadec has raised $4 million across 1 funding round from investors including Peoplenet, Thule Investments and Blackbern Partners. The company has 51 employees. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its competitors include Samsara, Radius and Lytx; 3 of its 3 listed competitors have raised funding.
Company details
Cadec was founded in 1976 in Manchester, United States, within the transportation and logistics sector. Mobile-technology services, GPS satellite tracking, and solutions for fleet management are developed and deployed by the company. Operations focus on optimizing fleet efficiency through advanced tools. Acquisition by PeopleNet occurred in May 2015, integrating these capabilities into broader telematics offerings.
Funding Insights of Cadec
Cadec has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in April 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4M
- Total Rounds 1
- Last Round Series A — $4M
- First Round $4M
(Apr 2009)
- Investors Count 1
All 1 funding rounds of Cadec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2009 | $4M | Series A | – | – |
3 investors in total: 3 institutional.
Investors in Cadec
Cadec has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Peoplenet, Thule Investments and Blackbern Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of a venture capital and private equity for investments | thuleinvestments.is | Reykjavik, Iceland | ||
Blackbern Partners is engaged in investing in middle market companies. | 2021 | blackbernpartners.com | New York, United States | |
Workforce management suite is offered for staffing agencies. | 1990 | peoplenet.com | Atlanta, United States |
Investor details for Cadec
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Cadec
4 dated milestones of Cadec across 39 years, from founding to its latest funding, stage changes and deals.
- Founded Cadec is founded.
- Funding First funding round of $4.0M.
- Exit Acquired by Blackbern Partners.
- Exit Acquired by Peoplenet.
Competitors of Cadec
Cadec has 3 listed competitors in our database, 3 of them funded. They include Samsara, Radius and Lytx.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| samsara.com | 2015 | San Francisco, United States | $915M | 2,895 | AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | |
| radius.com | 1990 | San Francisco, United States | $332.76M | Predictive marketing and sales platform | ||
| lytx.com | 1998 | San Diego, United States | $152.4M | 979 | Provider of video telematics and fleet management solutions |
Detailed competitors of Cadec
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Cadec
Websites that share an audience with Cadec (cadec.com).
Websites whose visitors overlap most with Cadec. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| drivertech.com | 69% | 2.1K | View details |
Top companies in Physical Security & Surveillance
3 companies that operate in the same segment as Cadec (Physical Security & Surveillance) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 |
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Frequently Asked Questions about Cadec
Cadec was founded in 1976 and raised its 1st funding round 33 years after it was founded.
Cadec is headquartered in Manchester, United States.
Cadec is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Apr 2009.
Cadec has 51 employees.
Cadec was founded in 1976 in Manchester, United States, within the transportation and logistics sector. Mobile-technology services, GPS satellite tracking, and solutions for fleet management are developed and deployed by the company. Operations focus on optimizing fleet efficiency through advanced tools. Acquisition by PeopleNet occurred in May 2015, integrating these capabilities into broader telematics offerings.
Cadec has 3 investors. Key investors include Peoplenet, Thule Investments, and Blackbern Partners.
Yes. Cadec was acquired by Peoplenet in May 2015.