A United States software firm is planning to double its Christchurch-based team and hire another 150 staff in New Zealand after raising US$93 million.
California-headquartered Telogis creates cloud-based software that lets companies track their vehicle fleets and manage employees working in the field.
One of its clients is Ford Motor Company, which it has been an exclusive technology provider for since 2011.
Founded in 2001, the company now employs 400 staff worldwide with a team of 150 in Christchurch which do the lion's share of its research and development.
The South Island facility is its largest office and also where co-founder Ralph Mason is based.