
UK - YFM further invests in CMS SupaTrak
YFM Group, via the South West Ventures Fund, has further invested in vehicle tracking and mobile working solutions company CMS SupaTrak in a third round of funding.
Swindon-based CMS SupaTrak specialises in the supply of cost-effective vehicle tracking and mobile working solutions. SupaTrak is a web-based vehicle that improves the security of goods and assets by enabling real-time fleet visibility with updates every 60 seconds. The company's new technology, EcoTrak, enables fleet operators to analyse and measure fuel usage, carbon emissions and driving style for the purpose of managing fuel costs. Clients include Birmingam City Council, Network Rail, Hampshire County Council and Royal Mail.
The new funding will be used to build the sales pipeline for EcoTrak as well as help grow the company's customer base and increase its sales force.
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