| Type | Public (NASDAQ: ARDI) |
|---|---|
| Industry | Mobile Resource Management |
| Founded | 1996 |
| Headquarters | Fremont, California, USA |
| Key people | Krish Panu, Chairman and CEO J.D. Fay, Senior Vice President, Corporate Affairs, General Counsel and Secretary |
| Revenue | $100 million |
| Employees | 600 |
| Website | www.road.com |
@Road is an American company offering "Mobile Resource Management" (MRM) services to its customers, using GPS, wireless, voice and Internet technologies to deliver Software as a Service (SaaS) to manage fleet vehicles, dispatchers and mobile professionals. @Road was originally headquartered in Fremont, California. In 2005 @Road ranked 27th on Deloitte's Silicon Valley Technology Fast 50 [1] and was on the Deloitte Technology Fast 500 for a fourth straight year. As of early 2006, @Road held 15 U.S. patents on their technologies.
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The company, originally incorporated as Vectorlink was founded in 1996 by Rodric "Rod" Fan, an industry expert in the development of GPS technology. The initial business centered on the design and manufacturing of GPS chips. Company engineers combined early prototypes together with a CDPD radio to allow tracking of vehicles over the Internet. This service, called Vtrack, attracted the attention of high profile venture capitalist including Peter Thomas of IVP and Stuart Philips of U.S. Venture Partners (USVP) who invested a total of $10M in 1998. The new board brought in interim CEO Rick Rasmussen to oversee the transition from GPS chipsets to Mobile Resource Management services. He was replaced in June 1999 by Krish Panu from Atmel, who renamed the company @Road.[1]. The company went public on NASDAQ under the symbol ARDI in September 2000, raising a total of $63M.[2]. In February 2007, @Road Inc, was purchased by Trimble Inc for approximately $496 million. Under the new ownership, @Road retained its name and operates as part of MRM division at Trimble.