FleetUp Completes $20M Funding Round

FleetUp, a Milpitas, CA-based provider of ELD/HOS compliance solutions for intelligent fleet management, completed a $20m funding round.

The round was led by HUMAX, which placed its corporate chief strategy officer and president of HUMAX Americas & China, Albert Son, PhD, as FleetUp’s new chief executive officer.

The company will use the funds to bring its intelligent fleet management solution to Americas and international markets.

Led by Ezra Kwak, co-founder and CTO, FleetUp offers a patented, FMCSA-compliant suite of GPS and ELD/Compliance applications for the transportation industry, offering fleets and companies of all sizes insight into their operations and actionable data to optimize the efforts of vehicles and drivers.

FinSMEs

28/02/2018

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