Fleetmatics Files for $100M IPO, After Bagging $93M in Financing
August 22, 2012
Share:
Fleetmatics has filed to raise up to $100 million through an IPO and elected to list on the NYSE under the symbol FM. The SaaS company provides GPS fleet management software. Fleetmatic's most recent round was a $68 million Series C financing raised in December 2010 from Institutional Venture Partners, Investcorp and New World Ventures. In total, Fleetmatic raked in $93 million of venture funding.
