Econolite - About the company
Econolite is an acquired company based in Anaheim (United States), founded in 1933. It operates as a Provides integrated solutions for the traffic industry. Econolite has raised an undisclosed amount in funding. The company has 214 active competitors, including 35 funded and 21 that have exited. Its top competitors include companies like Kapsch, Miovision and NoTraffic.
Company Details
Provides integrated solutions for the traffic industry. The company provides hardware and software solution for intelligent traffic management. Product offerings include traffic cabinets and accessories, controller, traffic management software, vehicle and pedestrian signals, video and radar detection sensors, intersection management, camera processor solution for vehicle and bicycle detection, traffic data collection and wireless communication system. It also provides various services such as project management, installation, engineering, and maintenance.
- Website
- www.econolite.com/
- Email ID
- *****@econolite.com
- Phone Number
- +1 **********
- Registered Address
- Anaheim, California
Key Metrics
Founded Year
1933
Location
Anaheim, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
15th among 214 active competitors
Employee Count
349 as on Jul 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Porsche Se (Mar 14, 2022)
Legal entities associated with Econolite
Econolite is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Econolite Group, Inc. CIN: 20101528831 , United States, Active | Sep 23, 2010 | - | - | - |
Econolite Group, Inc. CIN: 330019158 , United States, Active | Dec 26, 999 | - | 300 (As on Dec 31, 2024) | - |
Econolite's acquisition details
Econolite got acquired by Porsche Se and Bridgepoint Group on Mar 14, 2022.
Click here to take a look at Econolite's acquisition in detail
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Econolite's funding and investors
Econolite has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Sep 16, 2014 for $*****. 1 investor participated in its latest round. Econolite has 1 institutional investor.
Here is the list of recent funding rounds of Econolite:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 16, 2014 | 5064677 | Grant (prize money) | 1022515 | 3302570 | 6264622 | 3915385 |
View details of Econolite's funding rounds and investors
Econolite's founders and board of directors
Founder? Claim ProfileEconolite's employee count trend
Econolite has 349 employees as of Jul 26. Here is Econolite's employee count trend over the years:
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Econolite's Competitors and alternates
Top competitors of Econolite include Kapsch, Miovision and NoTraffic. Here is the list of Top 10 competitors of Econolite, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of intelligent transportation systems and tolling and traffic management | - | 67/100 | ||
2nd | Developer of traffic management software and intelligent transportation hardware systems | $307M | 66/100 | ||
3rd | NoTraffic 2017, Overland Park (United States), Series C | Provider of an AI mobility platform for traffic management solutions | $161M | 64/100 | |
4th | See.Sense 2013, Newtownards (United Kingdom), Seed | Develops smart lights for cycles, and sensors for collecting data about city road systems | $1.66M | 60/100 | |
5th | bitsensing 2018, Seongnam-si (South Korea), Series B | Developer of radar technology for automotive, smart city, and healthcare | $42M | 57/100 | |
6th | Vehant Technologies 2005, Noida (India), Funding Raised | AI-enabled security and traffic enforcement solutions | - | 56/100 | |
7th | Iteris 1969, Santa Ana (United States), Acquired | Provider of technology solutions for smart mobility infrastructure management | - | 54/100 | |
8th | Vontier 2020, Raleigh (United States), Public | Developer of AI and SaaS-enabled end-to-end fleet and mobility management solutions | - | 53/100 | |
9th | Cohda Wireless 2004, Melbourne (Australia), Acquired | Hardware & software solution provider for V2X communications | $1.8M | 53/100 | |
10th | Cerebrumx Ai 2020, Princeton Junction (United States), Series B | Provider of AI-powered real-time traffic management system | $5.5M | 52/100 | |
15th | Econolite 1933, Anaheim (United States), Acquired | Provides integrated solutions for the traffic industry | - | 46/100 |
Looking for more details on Econolite's competitors? Click here to see the top ones
Econolite's Investments and acquisitions
Econolite has acquired 2 companies including RAI Products and Western Pacific Signal. Econolite has not made any investments as of now.Reports related to Econolite
Here is the latest report on Econolite's sector:
News related to Econolite
Media has covered Econolite for 1 event in last 1 year, It was about company updates.
•
Ouster BlueCity with REV8 Lidar Wins Multimillion-Dollar Utah Traffic Modernization ExpansionBusiness Wire•Aug 11, 2026•Ouster, Econolite
•
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Econolite Selected to Deploy Lidar Traffic Signal Detection System in UtahBusiness Wire•Mar 12, 2025•Econolite, Utah
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Econolite acquires RAI ProductsAmerican Journal of Transportation•Nov 27, 2023•Econolite, RAI Products
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Econolite and ZincFive Expand Partnership to Deliver More Sustainable Power Solutions to the Global ITS MarketBusiness Wire•Oct 31, 2023•ZincFive, Econolite
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Econolite Acquires Western Pacific Signal, LLCBusiness Wire•Aug 03, 2023•Econolite, Western Pacific Signal
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PTV and Econolite on road to future-proof solutionsITS International•Sep 20, 2022•PTV Group, Econolite
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Bridgepoint, Porsche SE to Take Majority Stake in EconoliteOrange County Business Journal•Mar 15, 2022•Porsche Se, Bridgepoint Capital, PTV Group, Econolite
•
Econolite and PTV Group Join Forces to Leverage Growth Potential in the Global Market for Smart and Sustainable Mobility SolutionsBusiness Wire•Mar 14, 2022•Econolite, Bridgepoint Capital, Porsche Se, PTV Group
•
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