Mark Licht ADVISOR
Mr. Licht is an entrepreneur with over 25 years of experience in the formation, financing and operations of wireless location services and technology companies. He founded three high profile companies in the telematics and IOT markets including Teletrac (250,000 fleet subscribers now part of Danaher), Ituran (publicly traded on Nasdaq with 800,000 vehicles in service) and SigmaOne Communications (E911 technology provider). Mr. Licht is both an investor in the telematics industry and currently serves on the Boards and Advisory Boards of a number of fleet management, traffic information, cybersecurity, data mining and OEM focused telematics companies.
Mr. Licht is President of Licht & Associates, a strategic advisory services firm that conducts strategic business analysis; develops business and operating plans; evaluates market opportunities and technology trends; assists with financing; and proposes alternative business strategies for CEO’s and their executive teams in the telematics, IOT and LBS industry. In that capacity Mr. Licht has worked with companies in the U.S., Latin America and Europe to explore strategic investments, acquisitions and the sale of companies in the telematics market.