Last deal

$2.52M
Local Amount - GBP 1.27M

Amount

Series C

Stage

16.08.2007

Date

3

all rounds

$10.97M

Total amount

date founded

Financing round

General

About Company
ITIS Holdings provides road traffic information and data services.

Industry

Sector :

Subsector :

founded date

01.01.1997

founders

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

The company, through its subsidiaries, offers TrafficScience, a software platform that allows users to access traffic information through various media, including web, mobile phone voice messages, short message text, email, radio, digital, and phone. Additionally, ITIS Holdings provides interactive voice response and RDS-TMC applications that deliver traffic information to users on their mobile phones. The company also offers hosted services for TrafficScience. ITIS Holdings operates in the United Kingdom, Mainland Europe, the United States, Israel, and internationally.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

INRIX

announced date

22.08.2011

Financials

Funding Rounds
3
3

Number of Funding Rounds

$10.97M

Money Raised

Their latest funding was raised on 16.08.2007. Their latest investor Smedvig Capital. Their latest round Series C

Date 
Funding Round 
Investors 
Money Raised 
Lead 
16.08.2007
1
$2.52M
Local Amount - GBP 1.27M
03.12.2004
1
$2.75M
Local Amount - GBP 1.42M
02.09.1999
1
$5.71M
Local Amount - GBP 3.55M
Smedvig Capital

Smedvig Capital

Smedvig Capital is a London-based venture capital firm that invests in tech-enabled businesses in the UK and Nordic regions.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

London, UK

count Of Investments

74

count Of Exists

13
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Series A, Series B, Series C
Smedvig Capital

Smedvig Capital

Smedvig Capital is a London-based venture capital firm that invests in tech-enabled businesses in the UK and Nordic regions.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

London, UK

count Of Investments

74

count Of Exists

13

People

Founders
1
Stuart Marks
Stuart Marks

Stuart Marks

Stuart Marks is a successful entrepreneur who has built and sold four businesses over the past 25 years. They have spanned several sectors including CRM, location-based services and digital media. Every company applied innovation to challenge existing business models. Stuart has worked with a diverse and international customer-base including Sainsbury’s, British Airways, Unilever, Vodafone, BMW and various government agencies across the world. His previous company, ITIS Holdings plc, was listed on the London Stock Exchange and was Europe’s leading provider of real-time traffic information and connected car technology. The first company to commercialize crowdsourced data from GPS devices and mobile phone networks, Stuart sold the firm in 2011 to Washington-based INRIX before going on to establish L Marks to invest in the entrepreneurs of tomorrow.

current job

a2om international
a2om international

organization founded

3

Stuart Marks

Employee Profiles
102

Mpacc Sarah Hasson

Senior revenue accountant

Daniel Weaver

Senior software engineer

Dirk Janssen

Senior software engineer

Kelsi Bedenis

Human resources generalist

Jeff Summerson

Head of product management

Mark Burfeind

Director of global communications

Angela Wang

Senior director of sales engineering and customer success

Lisa Bennett

Director, sales operations

Activity

Recent News
0