Traffic Technology Services

Beaverton, United States Founded: 2014 • Age: 12 yrs Acquired By Miovision
Technology and information services for connected vehicle applications are provided.
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About Traffic Technology Services

Traffic Technology Services is a company based in Beaverton (United States) founded in 2014 was acquired by Miovision in March 2024.. Traffic Technology Services has raised $3 million across 1 funding round from investors including Kapsch and Miovision. The company has 42 employees as of December 31, 2022. Traffic Technology Services offers products and services including Personal Signal Assistant and Personal Freeway Assistant. Traffic Technology Services operates in a competitive market with competitors including Kapsch, Visteon, NoTraffic, Autotalks and Valerann, among others.

  • Headquarter Beaverton, United States
  • Employees 42 as on 31 Dec, 2022
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Traffic Technology Services, Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3 M (USD), Series A

    Oct 10, 2017

  • Investors
    Kapsch

    & 1 more

  • Employee Count
    42

    as on Dec 31, 2022

  • Acquired by
    Miovision

    (Mar 04, 2024)

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Products & Services of Traffic Technology Services

Traffic Technology Services offers a comprehensive portfolio of products and services, including Personal Signal Assistant and Personal Freeway Assistant. 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

Offers predictive traffic signal data for enhanced vehicle safety.

Provides dynamic roadway sign data to improve driver efficiency.

People of Traffic Technology Services
Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Alex Marineau
Software Team Lead
People
Darryl Michaud
Research And Development Engineer
People
Tyrell Grove
Software Developer
People
Kiel Ova
Head of Government Affairs & Partnerships

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Funding Insights of Traffic Technology Services

Traffic Technology Services has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Series A round of $3 million completed in October 2017. 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
  • Total Rounds 1
  • Last Round Series A — $3.0M
  • First Round

    (10 Oct 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2017 Amount Series A - Traffic Technology Services Valuation

investors

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 Traffic Technology Services

Traffic Technology Services has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Kapsch and Miovision. 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
Institutional
Investor Description Founded Year Domain Location
SaaS-enabled traffic management solutions are offered to traffic authorities.
Founded Year Domain Location
Traffic data collection and management solutions are provided.
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 Traffic Technology Services

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 - Traffic Technology Services

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

Traffic Technology Services Comparisons

Employees
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Competitors of Traffic Technology Services

Traffic Technology Services 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 Kapsch, Visteon, NoTraffic, Autotalks and Valerann, 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
SaaS-enabled traffic management solutions are offered to traffic authorities.
domain founded_year HQ Location
AI and cloud-enabled solutions and electronics for connected and autonomous vehicles
domain founded_year HQ Location
AI-enabled automatic traffic management solutions are provided for operators.
domain founded_year HQ Location
V2X communication modules for vehicles and infrastructure are developed.
domain founded_year HQ Location
IoT-based sensors for road traffic monitoring and analytics are developed.
domain founded_year HQ Location
Online platform offering cybersecurity tools for automotive and mobility systems
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 Traffic Technology Services

Frequently Asked Questions about Traffic Technology Services

When was Traffic Technology Services founded?

Traffic Technology Services was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is Traffic Technology Services located?

Traffic Technology Services is headquartered in Beaverton, United States. It is registered at Beaverton, Oregon, United States.

Is Traffic Technology Services a funded company?

Traffic Technology Services is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Series A of $3M, raised on Oct 10, 2017.

How many employees does Traffic Technology Services have?

As of Dec 31, 2022, the latest employee count at Traffic Technology Services is 42.

What does Traffic Technology Services do?

Traffic Technology Services was established in 2014 in Beaverton, United States, within the transportation technology sector. Technology and information services for connected vehicle applications are delivered through cloud-based platforms. Vehicle-to-infrastructure integration is enabled immediately via existing vehicle or driver communications. Operations focus on supporting applications in traffic management and connectivity, serving clients in the automotive and infrastructure industries across the region.

Who are the top competitors of Traffic Technology Services?

Traffic Technology Services's top competitors include Kapsch, Autotalks and AutoCrypt.

What products or services does Traffic Technology Services offer?

Traffic Technology Services offers Personal Signal Assistant and Personal Freeway Assistant.

Who are Traffic Technology Services's investors?

Traffic Technology Services has 2 investors. Key investors include Kapsch, and Miovision.

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