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Camarillo developer of IoT telematics hardware and software for fleet management, acquired by Balmoral Funds in 2024.
Founded in 2006 by Shawn Aleman and headquartered in Camarillo, US, Xirgo Technologies, LLC makes modular IoT solutions for smart fleet logistics, including telematics devices for vehicles, trailers and containers and software for analytics and monitoring. Its customers include transportation and logistics firms, commercial fleets and municipalities. In September 2024 Balmoral Funds acquired the company from Sensata Technologies, Inc. for an undisclosed amount. The company has made three deals.
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