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Iteris Receives $3.15 Million In Additional Task Order Funding From Federal Highway Administration To Support Nation’S Architecture Reference For Cooperative And Intelligent Transportation

Apr 06, 2021•over 4 years ago

Amount Raised

$3.15 Million

Round Type

seed

Santa Ana

Description

Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it has received an additional $3.15 million in funding for a task order under its indefinite delivery/indefinite quantity (IDIQ) contract from the Federal Highway Administration (FHWA) to provide continued development, evolution and deployment support for the intelligent transportation systems (ITS) reference architecture program.

Company Information

Company

Iteris

Location

Santa Ana, California, United States

About

Iteris is the global leader in smart mobility infrastructure management – the foundation for a new era of mobility. We apply cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility. Our end-to-end solutions monitor, visualize and optimize mobility infrastructure around the world to help ensure that roads are safe, travel is efficient, and communities thrive. Visit www.iteris.com for more information and join the conversation on Twitter, LinkedIn and Facebook.