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. 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
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website econolite.com
- Social LinkedIn X Facebook Instagram
- Acquired by Porsche Se (Mar 2022)
- Latest Funding Round$29.35K (USD), Grant
Sep 2014
- InvestorsBridgepoint Capital
& 2 more
- Employee Count279
- Investments & AcquisitionsRAI Products
& 1 more
- Acquired byPorsche Se
(Mar 2022)
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.
Funding Insights of Econolite
- Total Rounds 1
- Last Round Grant — $29,349
- First Round $29,349
(Sep 2014)
- Investors Count 1
All 1 funding rounds of Econolite 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 |
|---|---|---|---|---|---|
| Sep 2014 | $29,349 | Grant | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Middle-market businesses up to €1 billion are acquired pan-Europe. | 1984 | bridgepoint.eu | Frankfurt, Germany | |
Passenger cars and commercial vehicles are manufactured by Porsche SE. | 2007 | porsche-se.com | Stuttgart, Germany | |
- | – | transportation.gov | - |
Investor details for Econolite
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
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People of Econolite
15 people are tracked at Econolite (12 in leadership, 1 in board & advisors, 2 in team); the tracked headcount is 279.
| Name | Role | Group |
|---|---|---|
Christian Ulrich Haas | CEO | Leadership |
Jim Madden | VP, Eastern Sales | Leadership |
Ryan Bullock | VP, Operations | Leadership |
Abbas Mohaddes | CEO | Leadership |
John W. Tracey | CFO | Leadership |
Charles Toth | COO | Leadership |
Eric Raamot | CTO | Leadership |
Mike McIntee | VP, Western Sales | Leadership |
David Spinney | VP, Systems | Leadership |
Stephanie Defazio | VP, Field Services | Leadership |
Persephone Oliver | VP, Customer Relations | Leadership |
Dana McCombs | Director, Marketing | Leadership |
Mike Doyle | Chairman | Board & advisors |
Alice Cook | General Counsel | Team |
Kirk T. Steudle | SVP, Systems | Team |
Complete people profiles for Econolite
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Supplier of traffic control and intelligent transportation products | raiproducts.com | Charlotte, United States | 1998 | Nov 2023 | •••• | |
Company is a distributor and integrator of intelligent transportation systems and adaptive signal control | wpsignal.com | San Leandro, United States | 1997 | Aug 2023 | •••• |
Complete acquisition details for Econolite
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Econolite
5 dated milestones of Econolite across 90 years, from founding to its latest funding, stage changes and deals.
- Founded Econolite is founded.
- Funding First funding round of $29K.
- Exit Acquired by Porsche Se.
- Acquisition Acquires Western Pacific Signal.
- Acquisition Acquires RAI Products.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| miovision.com | 2005 | Kitchener, Canada | $307.32M | 282 | Traffic data collection and management solutions are provided. | |
| hayden.ai | 2019 | Oakland, United States | $178.19M | 82 | Provider of AI-powered mobile perception platform for traffic enforcement | |
| vehant.com | 2005 | Noida, India | – | 401 | AI-enabled security and traffic enforcement solutions are provided. | |
| notraffic.tech | 2017 | Tel Aviv, Israel | $70.7M | – | AI-enabled automatic traffic management solutions are provided for operators. | |
| vivacitylabs.com | 2015 | London, United Kingdom | $18.77M | 77 | AI and sensor-based video analytics for traffic operators are delivered. | |
| valerann.com | 2016 | Tel Aviv, Israel | $22M | – | IoT-based sensors for road traffic monitoring and analytics are developed. | |
| commsignia.com | 2012 | Budapest, Hungary | $27.05M | – | Vehicle-to-vehicle and infrastructure communication systems are supplied. | |
| bitsensing.com | 2018 | Seongnam-si, South Korea | $42M | – | Radar solutions are developed for automotive and healthcare sectors. | |
| iteris.com | 1969 | Santa Ana, United States | – | 450 | AI and cloud-based traffic monitoring solutions are provided. | |
| gridmatrix.com | 2021 | San Francisco, United States | $6.54M | 6 | AI & SaaS enabled platform offering comprehensive traffic monitoring and analytics solution |
Detailed competitors of Econolite
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Econolite
The website of Econolite (econolite.com) receives about 11.4K visits a month.
- Monthly visits11.4K
▼ 5.3% vs previous month
Websites whose visitors overlap most with Econolite. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| mccain-inc.com | 100% | 4.5K | #3,999,987 | View details | |
| e-conolight.com | 87% | 43K | #766,417 | View details | |
econolitegroup.com | econolitegroup.com | 29% | – | – | – |
advancedtraffic.com | advancedtraffic.com | 24% | – | #8,453,116 | – |
temple-inc.com | temple-inc.com | 24% | – | #5,709,699 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Econolite
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Econolite
Complete news archive for Econolite
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Econolite
10 companies that operate in the same segment as Econolite (Smart Infrastructure & Cities), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Web3 infrastructure solutions are offered via a blockchain platform. | 2021 | Palo Alto, California, United States | USD 336 M | – | – | |
Blockchain-based public network for financial industry is operated. | 2018 | Brooklyn, New York, United States | USD 368 M | – | – | |
Online platform for blockchain and smart contract cybersecurity | 2017 | New York, New York, United States | USD 296.15 M | – | – | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
Real-time, historical, and predictive traffic data solutions are provided. | 2004 | Kirkland, Washington, United States | USD 143.1 M | – | 126 | |
App-based platform offering electric charge point locater services | 2014 | Bristol, England, United Kingdom | USD 16.42 M | – | – | |
AI-enabled mobility-as-service platform is developed for transit operators. | 2012 | Ness Ziona, Central District, Israel | USD 131.5 M | – | – | |
Provider of integrated security solutions for homes, businesses, and events | 2020 | Bengaluru, Karnataka, India | USD 12.21 M | USD 451.17 K | 149 | |
An app-based platform for electric vehicle shuttle services is operated. | 2011 | New York, New York, United States | USD 29.26 M | – | – | |
Provider of smart street lighting solutions | 1992 | Jaipur, Rajasthan, India | – | USD 504.88 M | 1,430 |
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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.
Econolite has 279 employees.
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.
Yes. Econolite was acquired by Porsche Se in March 2022.