{"id":458706,"date":"2021-03-16T09:03:22","date_gmt":"2021-03-16T13:03:22","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=458706"},"modified":"2021-03-16T09:03:22","modified_gmt":"2021-03-16T13:03:22","slug":"gilbarco-veeder-root-makes-ancillary-investment-in-driivz","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gilbarco-veeder-root-makes-ancillary-investment-in-driivz\/","title":{"rendered":"Gilbarco Veeder-Root Makes Ancillary Investment in Driivz"},"content":{"rendered":"<div class=\"mw_release\">\n<p>Greensboro, NC, March  16, 2021  (GLOBE NEWSWIRE) &#8212;  <\/p>\n<ul>\n<li>  Driivz\u00a0is a\u00a0leading\u00a0global\u00a0provider of\u00a0end-to-end\u00a0EV charging\u00a0and energy\u00a0management software\u00a0  <\/li>\n<li>  Volvo\u00a0Group Venture Capital\u00a0joined as a new investor alongside\u00a0Gilbarco Veeder-Root in\u00a0this financing round\u00a0\u00a0\u00a0\u00a0  <\/li>\n<\/ul>\n<p \/>\n<p>Gilbarco Veeder-Root\u00a0(GVR)\u00a0announced today that\u00a0it\u00a0has signed\u00a0an\u00a0investment\u00a0agreement\u00a0with Driivz,\u00a0a global leader in smart electric vehicle (EV) charging\u00a0and energy\u00a0management solutions,\u00a0maintaining its minority ownership position.\u00a0\u00a0\u00a0<\/p>\n<p>Driivz\u2019s intelligent cloud-based software platform\u00a0enables\u00a0EV charging providers\u00a0to accelerate market leadership by growing their charging infrastructure and delivering an exceptional charging experience.\u00a0\u00a0Driivz\u2019s\u00a0solutions\u00a0are\u00a0currently used by more than 700,000 drivers in\u00a0over\u00a020\u00a0countries in\u00a0North America,\u00a0Europe,\u00a0and Asia.\u00a0\u00a0<\/p>\n<p>\u201cOur continued partnership with\u00a0Driivz\u00a0has enabled GVR to\u00a0expand our offerings\u00a0in e-mobility\u00a0infrastructure solutions\u00a0across the world,\u201d\u00a0said Gilbarco Veeder-Root President Aaron Saak.\u00a0\u00a0\u201cWe are\u00a0pleased\u00a0to have the Volvo Group join us\u00a0as a new investor in Driivz\u00a0and\u00a0look forward to working closely with\u00a0both partners\u00a0in enabling\u00a0a more connected\u00a0and personalized e-mobility experience.\u201d\u00a0<\/p>\n<p>There is a significant and growing interest in electric vehicles and machines among Volvo Group customers, which is speeding up the transition to more sustainable transport,\u201d said Erik Johansson, Investment Director, Volvo Group Venture Capital. \u201cThe collaboration with\u00a0Driivz\u00a0will play an important role in the Volvo Group\u2019s efforts to help customers to electrify their transport solutions. We are impressed by the company and we believe the Volvo Group can add considerable value to the development of the business in the future.\u201d\u00a0\u00a0<\/p>\n<p>\u201cDriivz\u2019s collaboration with GVR and Volvo Group is a testament to the strength of our technology\u00a0and how it\u00a0addresses the electrification needs of\u00a0fleets, Gas\u00a0&amp;\u00a0Oil\u00a0companies\u00a0and\u00a0utilities\u00a0under\u00a0an integrated\u00a0EV charging solution,\u201d\u00a0said\u00a0Doron Frenkel, Driivz founder and CEO.\u00a0\u00a0<\/p>\n<p>Driivz\u00a0recently announced\u00a0its\u00a0partnerships\u00a0with MOL Group in Europe and Chile\u2019s Copec Voltex\u00a0as well as expanding\u00a0its already existent partnership with EVgo, the largest fast charging network in the United States.\u00a0<\/p>\n<p>\n        <strong>ABOUT GILBARCO VEEDER-ROOT<\/strong><br \/>\n        <strong>\u00a0<\/strong>\n      <\/p>\n<p>Gilbarco Veeder-Root is the worldwide technology leader for retail and commercial fueling operations.\u00a0\u00a0For over 150 years, GVR\u00a0has earned the trust of its customers by providing long-term partnership, uncompromising support, and proven reliability.\u00a0For more information, please visit\u00a0http:\/\/www.gilbarco.com\u00a0<\/p>\n<p>\n        <strong>ABOUT VOLVO<\/strong><br \/>\n        <strong>\u00a0<\/strong>\n      <\/p>\n<p>The role of Volvo Group Venture Capital is to make investments that drive transformation by facilitating the creation of new services and solutions and to support collaborations between start-ups and the Volvo Group.\u00a0\u00a0<\/p>\n<p>Against the background of the trends shaping the future of transportation and the strategic priorities of the Volvo Group, the key areas of investment for Volvo Group Venture Capital are currently logistics services, site solutions and electrical infrastructure. The organization has a global scope, but currently focuses on Europe and North America.\u00a0<\/p>\n<p>\n        <strong>ABOUT\u00a0<\/strong><br \/>\n        <strong>DRIIVZ<\/strong><br \/>\n        <strong>\u00a0<\/strong>\n      <\/p>\n<p>Driivz\u00a0is the leading global software supplier to EV operators and service providers, accelerating the plug-in EV industry\u2019s dynamic and continuous transformation. The company\u2019s intelligent, cloud-based platform spans EV charging operations, energy management, advanced billing capabilities and driver self-service tools.\u00a0The\u00a0Driivz\u2019s team of EV experts serve customers\u00a0in over 20\u00a0countries, including global industry players such as EVgo, ElaadNL, ESB, CEZ, Ennet and Centrica. Driivz\u2019s platform manages hundreds of thousands of EV chargers in North America, Europe, and APAC, used by more than 700,000 EV drivers. For more information, please visit\u00a0http:\/\/www.driivz.com\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDkyNCM0MDY2NjMzIzIwODcyODM=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/454beb7a-0e93-46a2-81d2-bc31366087bc\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Lisa Curran\r\nVontier Corporation\r\n(984) 275-6075\r\nlisa.curran@vontier.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Greensboro, NC, March 16, 2021 (GLOBE NEWSWIRE) &#8212; Driivz\u00a0is a\u00a0leading\u00a0global\u00a0provider of\u00a0end-to-end\u00a0EV charging\u00a0and energy\u00a0management software\u00a0 Volvo\u00a0Group Venture Capital\u00a0joined as a new investor alongside\u00a0Gilbarco Veeder-Root in\u00a0this financing round\u00a0\u00a0\u00a0\u00a0 Gilbarco Veeder-Root\u00a0(GVR)\u00a0announced today that\u00a0it\u00a0has signed\u00a0an\u00a0investment\u00a0agreement\u00a0with Driivz,\u00a0a global leader in smart electric vehicle (EV) charging\u00a0and energy\u00a0management solutions,\u00a0maintaining its minority ownership position.\u00a0\u00a0\u00a0 Driivz\u2019s intelligent cloud-based software platform\u00a0enables\u00a0EV charging providers\u00a0to accelerate market leadership by growing their charging infrastructure and delivering an exceptional charging experience.\u00a0\u00a0Driivz\u2019s\u00a0solutions\u00a0are\u00a0currently used by more than 700,000 drivers in\u00a0over\u00a020\u00a0countries in\u00a0North America,\u00a0Europe,\u00a0and Asia.\u00a0\u00a0 \u201cOur continued partnership with\u00a0Driivz\u00a0has enabled GVR to\u00a0expand our offerings\u00a0in e-mobility\u00a0infrastructure solutions\u00a0across the world,\u201d\u00a0said Gilbarco Veeder-Root President Aaron Saak.\u00a0\u00a0\u201cWe are\u00a0pleased\u00a0to have the Volvo Group join us\u00a0as a new investor in Driivz\u00a0and\u00a0look forward to working closely with\u00a0both partners\u00a0in enabling\u00a0a more connected\u00a0and personalized e-mobility experience.\u201d\u00a0 There &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gilbarco-veeder-root-makes-ancillary-investment-in-driivz\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gilbarco Veeder-Root Makes Ancillary Investment in Driivz&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-458706","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/gilbarco-veeder-root-makes-ancillary-investment-in-driivz\/","og_locale":"en_US","og_type":"article","og_title":"Gilbarco Veeder-Root Makes Ancillary Investment in Driivz - Market Newsdesk","og_description":"Greensboro, NC, March 16, 2021 (GLOBE NEWSWIRE) &#8212; Driivz\u00a0is a\u00a0leading\u00a0global\u00a0provider of\u00a0end-to-end\u00a0EV charging\u00a0and energy\u00a0management software\u00a0 Volvo\u00a0Group Venture Capital\u00a0joined as a new investor alongside\u00a0Gilbarco Veeder-Root in\u00a0this financing round\u00a0\u00a0\u00a0\u00a0 Gilbarco Veeder-Root\u00a0(GVR)\u00a0announced today that\u00a0it\u00a0has signed\u00a0an\u00a0investment\u00a0agreement\u00a0with Driivz,\u00a0a global leader in smart electric vehicle (EV) charging\u00a0and energy\u00a0management solutions,\u00a0maintaining its minority ownership position.\u00a0\u00a0\u00a0 Driivz\u2019s intelligent cloud-based software platform\u00a0enables\u00a0EV charging providers\u00a0to accelerate market leadership by growing their charging infrastructure and delivering an exceptional charging experience.\u00a0\u00a0Driivz\u2019s\u00a0solutions\u00a0are\u00a0currently used by more than 700,000 drivers in\u00a0over\u00a020\u00a0countries in\u00a0North America,\u00a0Europe,\u00a0and Asia.\u00a0\u00a0 \u201cOur continued partnership with\u00a0Driivz\u00a0has enabled GVR to\u00a0expand our offerings\u00a0in e-mobility\u00a0infrastructure solutions\u00a0across the world,\u201d\u00a0said Gilbarco Veeder-Root President Aaron Saak.\u00a0\u00a0\u201cWe are\u00a0pleased\u00a0to have the Volvo Group join us\u00a0as a new investor in Driivz\u00a0and\u00a0look forward to working closely with\u00a0both partners\u00a0in enabling\u00a0a more connected\u00a0and personalized e-mobility experience.\u201d\u00a0 There &hellip; Continue reading \"Gilbarco Veeder-Root Makes Ancillary Investment in Driivz\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/gilbarco-veeder-root-makes-ancillary-investment-in-driivz\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-16T13:03:22+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDkyNCM0MDY2NjMzIzIwODcyODM=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gilbarco-veeder-root-makes-ancillary-investment-in-driivz\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gilbarco-veeder-root-makes-ancillary-investment-in-driivz\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Gilbarco Veeder-Root Makes Ancillary Investment in Driivz","datePublished":"2021-03-16T13:03:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gilbarco-veeder-root-makes-ancillary-investment-in-driivz\/"},"wordCount":572,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gilbarco-veeder-root-makes-ancillary-investment-in-driivz\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDkyNCM0MDY2NjMzIzIwODcyODM=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gilbarco-veeder-root-makes-ancillary-investment-in-driivz\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/gilbarco-veeder-root-makes-ancillary-investment-in-driivz\/","name":"Gilbarco Veeder-Root Makes Ancillary Investment in Driivz - 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