ETC

Richardson, United States Founded: 1999 • Age: 27 yrs Acquired By Quarterhill
Solutions for toll collection and congestion management are provided.
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About ETC

ETC is a company based in Richardson (United States) founded in 1999 by Tim Gallagher was acquired by Quarterhill in August 2021. It operates as a SaaS (Software-as-a-Service), and Managed Services. ETC offers products and services including ORION™, riteHorizon™, and riteVision™. ETC operates in a competitive market with competitors including LifeLock, BitGo, IDX, HYPR and Chooch, among others.

  • Headquarter Richardson, United States
  • Founders Tim Gallagher
  • Sectors
    Technology
    Transportation, Automotive & Logistics Industrial Goods & Manufacturing Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Electronic Transaction Consultants, Llc
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Financial Services → FinTech & Digital Finance
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Autostrade

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Quarterhill

    & 1 more

    (Aug 16, 2021)

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Products & Services of ETC

ETC offers a comprehensive portfolio of products and services, including ORION™, riteHorizon™, and riteVision™. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Congestion is managed using IoT sensor fusion technology.

Back office operations are streamlined with enterprise software.

Vehicle identification is enhanced by machine learning technology.

People of ETC
Headcount 500-1000
Employee Profiles 27
Employee Profiles
People
Najeeb Barney
Team Lead, Database Administrator
People
Mike Childress
Chief Technology Officer
People
Huynh Ngoc Long
Senior Application Developer
People
Alexander Roman
Quality Assurance Test Lead

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Funding Insights of ETC

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2007 Amount Unspecified - ETC Valuation Autostrade
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ETC

ETC has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Autostrade, Quarterhill and Align Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are made in lower-middle market companies.
Founded Year Domain Location
Construction and management of toll highways are provided in Italy.
Founded Year Domain Location
Private equity firm focused on acquisitions
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ETC

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ETC

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Etc Comparisons

Employees
+
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Competitors of ETC

ETC 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 LifeLock, BitGo, IDX, HYPR and Chooch, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Identity theft is protected and prevented through cyber monitoring services.
domain founded_year HQ Location
Crypto-based custody, trading, and lending services are provided to institutions.
domain founded_year HQ Location
Cloud-based solutions for identity protection and data security are provided.
domain founded_year HQ Location
Passwordless multi-factor authentication and identity assurance solutions are provided.
domain founded_year HQ Location
Generative computer vision solutions are offered for video stream analysis.
domain founded_year HQ Location
Identity verification solutions are provided for multiple industries digitally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Etc

Frequently Asked Questions about ETC

When was ETC founded?

ETC was founded in 1999 and raised its 1st funding round 8 years after it was founded.

Where is ETC located?

ETC is headquartered in Richardson, United States. It is registered at Richardson, Texas, United States.

Who is the current CEO of ETC?

Kevin Holbert is the current CEO of ETC.

What does ETC do?

Innovative technology solutions for toll collection, congestion management, and multimodal transportation are offered by ETC. Services span roadside solutions, back office systems, and customer service operations within the transportation sector. Products like ORION for congestion management, riteHorizon for back office functions, and riteVision for vehicle identification are developed. Support for interoperability and smart mobility solutions is also provided to address urban transportation challenges.

Who are the top competitors of ETC?

ETC's top competitors include Yoti, BitGo and Chooch.

What products or services does ETC offer?

ETC offers ORION™, riteHorizon™, and riteVision™.

Who are ETC's investors?

ETC has 3 investors. Key investors include Autostrade, Quarterhill, and Align Capital Partners.

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