TransLoc Shifts Into High Gear – Why and how an 11-year-old company raised VC funding

Bill BingFunding, Industry Thoughts, TransLoc Blog0 Comments

It was just getting crowded at Los Altos Grill (outside Mountain View, CA) and the live musicians were ready to go on break. Doug (TransLoc’s CEO) and I sat down for a feast of grilled artichokes, deviled eggs, and hamburgers. It was late May, and the weather was absolutely beautiful—the kind of night where you just want to sit outside … Read More

TransLoc, Inc. Raises $8 Million in Oversubscribed Round of Financing

TransLoc MarketingPress Releases2 Comments

SJF Ventures and Fontinalis Partners Co-lead Investment in Transit Technology Leader Durham, N.C., March 31, 2016—TransLoc, a leading provider of transit technology, announced today that it has completed an $8 million round of financing. The round was co-led by SJF Ventures and Fontinalis Partners, with additional investments from Marc Benioff’s Efficient Capacity fund, Thomas McMurray and Patient Capital Collaborative (PCC), an impact … Read More