Tech Company Financing Transactions
SkyBitz Funding Round
SkyBitz, based in Sterling, received $10 million in funding from Inverness Capital Partners and Motorola Solutions Venture Capital.
Transaction Overview
Company Name
Announced On
2/8/2007
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series D
Investors
Inverness Capital Partners (Kenneth Graham)
Proceeds Purpose
SkyBitz will use these funds to accelerate business growth in its existing core trucking market, bolster its senior management team and employee infrastructure, increase new product development, strengthen service delivery and expand into new markets and applications.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
22455 Davis Dr 100
Sterling, VA 20164
USA
Sterling, VA 20164
USA
Phone
Website
Email Address
Overview
SkyBitz delivers real-time tracking and information management solutions that provide a clear line of sight to mobile assets anytime, anywhere.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Homaira Akbari
VP - Customer Service
Siamak Azmoudeh
VP - Finance
George Mercuro
VP - Product Management
Craig Montgomery
VP - Sales
Henry Popplewell
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