The company uses web-hosted Software as a Service (SaaS) solutions in concert with GPS-based hardware to help local fleet managers drive operational efficiencies and reduce costs in their geographically dispersed mobile fleets. NexTraq focuses primarily on small and medium sized fleets and currently serves more than 6,000 companies and manages approximately 100,000 subscribers. The company is one of three Francisco Partners investments in the telematics sector, the other two being Cybit (now combined with and renamed Masternaut) and Attenti (formerly Dmatek; sold to 3M). We intend to continue to add to the NexTraq platform in the United States and are actively seeking potential add-on opportunities in the mobile resource management market. NexTraq is headquartered in Atlanta, GA.