Clever Devices Ltd.
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Clever Devices Ltd. - overview
Established
1988
Location
Woodbury, NY, US
Primary Industry
Software
About
Based in New York, US, and founded in 1988, Clever Devices Ltd. , previously known as Hi Ho Doorbell Company in 1980 by manufacturing digital doorbells that played music and other interesting sounds. In 1990, the company focus primarily on the transit industry. The company growing with over 600 employees in 12 locations in the United States, Canada, Brazil, and Italy.
Clever Devices Ltd. develops scalable and modular intelligent transportation systems designed for different modes of public transportation, including fixed-route, bus rapid transit, paratransit, and rail for transit agencies to monitor their fleet. The company's new investment will accelerate the company's ability to invest in innovative transit technology that addresses the evolving needs of its customers and expand its footprint around the world.
Current Investors
Brown Brothers Harriman
Primary Industry
Software
Sub Industries
Public Transit/Transportation, Systems Management Software
Website
www.cleverdevices.com
Verticals
IoT (Internet of Things)
Company Stage
Mature
Total Amount Raised
Subscriber access only
Clever Devices Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Clever Devices Ltd. | - |
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