About Iteris
Iteris is a company based in Santa Ana (United States) founded in 1969 was acquired by AlmavivA in September 2024. It operates as a SaaS (Software-as-a-Service), Managed Services, and Mobility-as-a-Service. Iteris has completed 2 acquisitions, including Albeck Gerken and TrafficCast. Iteris offers products and services including ClearMobility Platform, Smart Sensors, and Mobility Intelligence. Iteris operates in a competitive market with competitors including Inrix, Anagog, Worldsensing, Remix and StreetLight, among others.
- Headquarter Santa Ana, United States
- Stage Public
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Iteris, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.7 M (USD), Grant
Jan 26, 2022
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Investors
AlmavivA
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Albeck Gerken
& 1 more
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Acquired by
AlmavivA
(Sep 04, 2024)
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Products & Services of Iteris
Iteris offers a comprehensive portfolio of products and services, including ClearMobility Platform, Smart Sensors, and Mobility Intelligence. 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.
Cloud-enabled solutions are provided for smart mobility infrastructure.
Traffic detection sensors are installed for mobility monitoring.
Traffic and incident data are analyzed for insights.
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Software Development Team
39 people
Product Management Team
18 people
Senior Team
10 people
Operations Team
9 people
Principal Team
8 people
Leadership Team
7 people
Sales and Marketing
7 people
Finance and Accounting
6 people
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Funding Insights of Iteris
- Total Funding Total Funding
- Total Rounds 6
- Last Round Grant — $1.7M
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First Round
First Round
(20 Aug 2002)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2022 | Amount | Grant - Iteris | Valuation |
investors |
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| Jul, 2019 | Amount | Post-IPO - Iteris | Valuation |
investors |
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| Nov, 2017 | Amount | Post-IPO - Iteris | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Iteris
Iteris has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include AlmavivA, Federal Highway Administration and Gosbcta. 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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Federal Highway Administrator
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Founded Year | Domain | Location | |
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IT services suite solutions are provided globally by AlmavivA.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Iteris
Iteris has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Albeck Gerken and TrafficCast. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Traffic operations engineering services are provided to various clients.
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2000 | ||||
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Traffic data analytics are provided for navigation and forecasting purposes.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Iteris
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iteris Comparisons
Competitors of Iteris
Iteris 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 Inrix, Anagog, Worldsensing, Remix and StreetLight, 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 |
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| domain | founded_year | HQ Location |
Real-time, historical, and predictive traffic data solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based AI analyzes smartphone sensors for mobility insights.
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| domain | founded_year | HQ Location |
Provider of cloud-driven IoT-based real-time traffic monitoring & analytics solution
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| domain | founded_year | HQ Location |
Remix is focused on providing transit planning and scheduling software.
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| domain | founded_year | HQ Location |
Transportation analytics solutions are provided via a data platform.
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| domain | founded_year | HQ Location |
On-device AI optimization solutions are provided for diverse industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Iteris
Frequently Asked Questions about Iteris
When was Iteris founded?
Iteris was founded in 1969 and raised its 1st funding round 33 years after it was founded.
Where is Iteris located?
Iteris is headquartered in Santa Ana, United States. It is registered at Santa Ana, California, United States.
What does Iteris do?
Iteris is engaged in providing advanced technology solutions for smart mobility infrastructure management. The companys offerings are centered around the ClearMobility Platform, which integrates cloud-enabled tools to monitor, visualize, and optimize transportation systems globally. Solutions are designed for public agencies and commercial enterprises, spanning sectors like traffic management, connected vehicles, and pedestrian safety. Over 10,000 customers rely on Iteris for mobility intelligence, traffic analytics, and asset management software. With a focus on safety, efficiency, and sustainability, the company bridges legacy systems with modern infrastructure to address urban transportation challenges. Expertise is drawn from over 15 years of innovation in the industry.
Who are the top competitors of Iteris?
Iteris's top competitors include Inrix, Nota and Worldsensing.
What products or services does Iteris offer?
Iteris offers ClearMobility Platform, Smart Sensors, and Mobility Intelligence.
How many acquisitions has Iteris made?
Iteris has made 2 acquisitions, including Albeck Gerken, and TrafficCast.
Who are Iteris's investors?
Iteris has 3 investors. Key investors include AlmavivA, Federal Highway Administration, and Gosbcta.
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