About Econolite
Econolite is a company based in Anaheim (United States) founded in 1933 was acquired by Porsche Se in March 2022. The company has 279 employees as of December 31, 2023. Econolite has completed 2 acquisitions, including RAI Products and Western Pacific Signal. Econolite offers products and services including Cabinets, Controllers, Sensors, and Software. Econolite operates in a competitive market with competitors including Miovision, Hayden AI, Vehant Technologies, NoTraffic and Vivacity Labs, among others.
- Headquarter Anaheim, United States
- Employees 279 as on 31 Dec, 2023
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$29.35 K (USD), Grant
Sep 16, 2014
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Investors
Bridgepoint Capital
& 2 more
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Employee Count
279
as on Dec 31, 2023
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Investments & Acquisitions
RAI Products
& 1 more
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Acquired by
Porsche Se
(Mar 14, 2022)
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Products & Services of Econolite
Econolite offers a comprehensive portfolio of products and services, including Cabinets, Controllers, Sensors, and Software.
Enclosures for housing traffic management equipment and components.
Manages intersection signals for efficient traffic flow control.
Detects vehicles, bicycles, and pedestrians for safety enhancements.
Offers advanced solutions for monitoring and optimizing traffic networks.
People of Econolite
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Funding Insights of Econolite
Investors in Econolite
Econolite has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Bridgepoint Capital, Porsche Se and U.S. Department of Transportation.
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Middle-market businesses up to €1 billion are acquired pan-Europe.
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Passenger cars and commercial vehicles are manufactured by Porsche SE.
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Investor details for Econolite
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Investments & Acquisitions by Econolite
Econolite has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include RAI Products and Western Pacific Signal.
Investment portfolio details for Econolite
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Supplier of traffic control and intelligent transportation products
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Company is a distributor and integrator of intelligent transportation systems and adaptive signal control
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Complete acquisition details for Econolite
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- Domains and locations
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Financial Statements - Econolite
Detailed financials for Econolite
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- Profit trends
- Statement rows
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Econolite Comparisons
Peer comparison for Econolite
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Competitors of Econolite
Econolite operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Miovision, Hayden AI, Vehant Technologies, NoTraffic and Vivacity Labs, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Traffic data collection and management solutions are provided.
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Provider of AI-powered mobile perception platform for traffic enforcement
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AI-enabled security and traffic enforcement solutions are provided.
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AI-enabled automatic traffic management solutions are provided for operators.
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AI and sensor-based video analytics for traffic operators are delivered.
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IoT-based sensors for road traffic monitoring and analytics are developed.
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Detailed competitors of Econolite
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Latest news on Econolite
Complete news archive for Econolite
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Frequently Asked Questions about Econolite
Econolite was founded in 1933 and raised its 1st funding round 81 years after it was founded.
Econolite is headquartered in Anaheim, United States. It is registered at Anaheim, California, United States.
Christian Ulrich Haas is the current CEO of Econolite.
As of Dec 31, 2023, the latest employee count at Econolite is 279.
Econolite was founded in 1933 and is headquartered in Anaheim, United States. Operations focus on the traffic industry, where hardware and software solutions for intelligent traffic management are developed and supplied. Offerings encompass traffic cabinets, controllers, management software, vehicle and pedestrian signals, detection sensors, intersection systems, camera processors, data collection tools, and wireless communications. Services such as project management, installation, engineering, and maintenance are also delivered.
Econolite's top competitors include Vehant Technologies, Iteris and Hayden AI.
Econolite offers Cabinets, Controllers, Sensors, and Software.
Econolite has made 2 acquisitions, including RAI Products, and Western Pacific Signal.
Econolite has 3 investors. Key investors include Bridgepoint Capital, Porsche Se, and U.S. Department of Transportation.