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GM Ventures Takes Stake in Telogis

Aliso Viejo-based Telogis Inc. has received an equity investment from GM Ventures, the venture capital arm of General Motors Inc.

The value of the minority stake was undisclosed.

The transaction strengthens the relationship between the companies that was first forged in March when Telogis announced a deal to equip General Motors’ commercial vehicles with software that links operation centers with far-flung fleets.

Telogis will integrate its telematics software into GM’s OnStar connectivity system, which has more than 6.5 million subscribers in the China, the U.S., Canada and Mexico.

The offering, set to roll out in various GM models, can provide commercial fleet operators with information on a vehicle’s location, odometer reading, fuel consumption and other data.

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