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

Bill BingFunding, Industry Thoughts, TransLoc BlogLeave a Comment

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