Iteris

What Iteris does

Iteris is a smart mobility infrastructure management company that provides AI-powered traffic detection sensors, traffic analytics software, advisory services, and managed services to public transportation agencies and commercial enterprises. The company operates through its ClearMobility Platform, described as an end-to-end cloud-enabled ecosystem that monitors, visualizes, and optimizes mobility infrastructure by integrating AI, advanced sensors, advisory services, and managed services. The product portfolio spans hardware sensors (Vantage Apex with CNN-based 1080p HD video and 4D/HD radar fusion, VantageNode AI quad-camera, Vantage CV connected-vehicle detector, Vantage PedSafe pedestrian sensor, BlueTOAD Spectra CV roadside unit), software platforms (ClearGuide traffic analytics, ClearData real-time traffic data, ClearAsset asset management), and connected vehicle solutions (V2X Connect). More than 200,000 Iteris sensors have been installed across over one-third of all signalized intersections in the United States, serving 7,000+ public agencies and commercial enterprises.

Iteris generates revenue through four streams: SaaS subscriptions (primarily ClearGuide), hardware sales (smart sensors and detection devices), managed services (asset management, arterial management, detection support, maintenance management), and professional consulting services (traffic signal timing, TMC design and operations, connected/automated vehicle planning, ITS architecture design). The go-to-market is enterprise field sales targeting state DOTs, local municipalities, regional agencies, and federal/national governments, supplemented by a network of authorized distributors across North America plus select international markets (Mexico, Argentina, Ecuador, Peru). Notable contracts include Hillsborough County's 4-year IDIQ up to $10M, City of Corona over $4M, and City of Burleson $1.7M. The company reported record Q1 FY2025 revenue of $45.8 million (5% year-over-year growth) with a backlog of $126.8 million.

Iteris was founded in 1993 and is headquartered in Austin, Texas, with approximately 480 employees across 17 US offices. The company was acquired by Italian digital innovation group Almaviva S.p.A. on November 1, 2024 for $335 million, ceasing trading on NASDAQ (formerly under ticker ITI) and operating as a privately held subsidiary while retaining its brand, leadership team under CEO Joe Bergera, and operational autonomy. Iteris holds 24+ US patents across traffic detection, prediction, pedestrian tracking, bicycle detection, and V2X technologies, and maintains ISO 9001:2015, OmniAir, NEMA, and FCC certifications. In November 2025, Iteris acquired ThruGreen's technology assets to extend its ClearMobility Platform with remote traffic equipment monitoring and V2X applications.

Name

Iteris

Legal name

Iteris, Inc.

Website

https://iteris.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

251–500 employees

Short description

Iteris is a smart mobility infrastructure management company that provides AI-powered traffic detection sensors, analytics software, and managed services to public transportation agencies and commercial enterprises across North America through its ClearMobility Platform.

Ownership category

akta.pro rank

Product category

Smart Mobility Infrastructure Management

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Computer Systems Design Services (541512)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)

akta.pro primary industry

Video Telematics, ADAS & AI Dashcams (TLAEAFAG)

akta.pro secondary industry

Fleet, Asset Tracking & Telematics Location Platforms (BPAMANAF)

Keywords

• Smart mobility infrastructure
• Intelligent transportation systems
• Traffic detection sensors
• Traffic analytics software
• Connected vehicle solutions

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices17 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Software-as-a-Service (SaaS): ClearGuide and other cloud-based software solutions provided on subscription basis with software-as-a-service delivery model.
2. Smart Sensors and Hardware: Sale of detection sensors including Vantage Apex, VantageNode, Vantage Vector, VantageRadius, and BlueTOAD devices for traffic detection and connected vehicle applications.
3. Managed Services: Ongoing managed services including asset management, arterial management, detection support, and maintenance management for transportation agencies.
4. Consulting Services: Transportation consulting services including traffic signal timing, TMC design and operations, connected and automated vehicles planning, and ITS architecture design.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels6 records

Core offering

Iteris sells the ClearMobility Platform — a cloud-enabled end-to-end ecosystem that combines AI-powered smart sensors (Vantage Apex, VantageNode, Vantage CV, BlueTOAD Spectra CV), traffic analytics software (ClearGuide), connected-vehicle V2X communications, asset management software, and managed services to monitor, visualize, and optimize mobility infrastructure. Its commercial portfolio is completed by transportation consulting services covering traffic signal timing, TMC design and operations, connected and automated vehicle planning, and ITS architecture design.

Product overview

Iteris offers a comprehensive smart mobility infrastructure management ecosystem delivered through its ClearMobility Platform, combining cloud computing, artificial intelligence, advanced sensors, advisory services, and managed services. The product portfolio includes hardware sensors (Vantage Apex, VantageNode, Vantage CV, BlueTOAD Spectra CV, Vantage product line), software platforms (ClearGuide traffic analytics, ClearData real-time traffic data, ClearAsset software), and integrated solutions (V2X Connect, VantagePriority, VantageLink, Vantage PedSafe). The platform connects over 200,000 smart sensors installed and supports more than 7,000 public agencies and commercial customers across North America.

Differentiator

Problem solved

Functional benefit

Brands

• ClearMobility Platform: Cloud-enabled end-to-end platform for monitoring, visualizing, and optimizing mobility infrastructure
• ClearGuide
• Vantage
• BlueTOAD
• ClearData
• V2X Connect
• ClearAsset
• Edge
• Abacus
• iPeMS

Products and services

• ClearMobility Platform Cloud-based end-to-end platform that monitors, visualizes, and optimizes mobility infrastructure worldwide, connecting smart sensors, vehicles, apps, and systems through a unified cloud architecture. It is the unifying ecosystem for Iteris' detection, analytics, V2X, asset management, and managed services offerings.
• ClearGuide Traffic analytics software providing real-time traffic management, performance monitoring, and traveler information across multiple data sources including probe, sensor, and connected-vehicle data. Sold to state DOTs, municipalities, and transportation agencies.
• ClearGuide SPM Controller-based signal performance measures software delivering 24/7/365 intersection monitoring with actionable insights for arterial and intersection operations optimization. Sold as a SaaS subscription to public transportation agencies.
• Vantage Apex Industry's first full 1080p HD video and 4D/HD radar hybrid sensor with integrated AI algorithms using Convolutional Neural Networks for vehicle, pedestrian, and cyclist detection at intersections. Sold to public transportation agencies and municipalities.
• VantageNode Compact AI-powered single-mount quad-camera intersection detection solution designed for small and underserved intersections, providing vehicle, pedestrian, and bicycle detection with reduced installation complexity. Integrates with the ClearGuide analytics platform.
• VantagePriority Integrated traffic management system for prioritizing emergency vehicles and transit at intersections through cloud technology and real-time analytics. Compatible with existing detection tools and targets transportation agencies and smart city projects.
• VantageLink Remote monitoring and management solution for traffic cabinets, offering real-time visibility, maintenance tools, and system management capabilities. Built on cloud-first architecture acquired through the ThruGreen technology acquisition.
• V2X Connect Connected vehicle solution enabling vehicle-to-everything (C-V2X) communication for intersection safety applications, certified by OmniAir as Qualified Test Equipment. Sold to transportation agencies and automotive OEMs for V2X deployments.
• BlueTOAD Spectra CV Advanced roadside unit (RSU) combining C-V2X communications for connected-vehicle environments with Bluetooth-based detection for travel time, speed, vehicle counts, and origin-destination data. OmniAir, NEMA, and FCC certified.
• Vantage CV Connected-vehicle detection system designed to enhance intersection safety through V2X communication technology. Sold to transportation agencies deploying connected vehicle infrastructure.
• ClearData Real-time traffic speed and flow data captured from multiple sources, sold as a data service for traffic analysis, planning, and transportation system management operations. Used by public agencies and commercial enterprises.
• ClearAsset Asset management software enabling transportation agencies to manage transportation infrastructure assets throughout their lifecycle. Sold to state DOTs, municipalities, and regional agencies.
• Vantage PedSafe Pedestrian safety detection system using AI to detect and enhance safety for vulnerable road users at intersections. Sold to public transportation agencies for pedestrian safety programs.

Quantifiable outcome

• Designed, deployed or equipped over one-third of all signalized intersections in the United States
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature8 records

Partnerships

Six partnerships are on record, tiered core, flagship and minor.

• City of Palm Coast, FloridacoreStrategic or Co-development Partner · 19 May 2026Early deployment partner for VantageNode AI-powered detection solution at small intersections.
• Almaviva GroupflagshipStrategic or Co-development Partner · 1 January 2025Iteris was acquired by Almaviva S.p.A. for $335 million in November 2024. Iteris continues to operate as a separate entity retaining its brand and leadership team. The acquisition enables global expansion of the ClearMobility Platform through Almaviva's international network.
• Crosstown Electrical & DataminorImplementation/ SI/ Consulting Partner · 1 January 2025Partnered with Iteris on the City of Corona smart mobility project for intersection deployment.
• HERE TechnologiescoreTechnology or Integration · 1 January 2025Joint webinar collaboration showcasing ClearGuide traffic analytics powered by HERE data for speeding hotspot analysis.
• TelenavcoreTechnology or Integration · 1 January 2024Partnership to integrate Iteris mobility data into navigation systems, enhancing real-time traffic and road user information for connected vehicles.
• Sumitomo ElectriccoreTechnology or Integration · 1 January 2024Integration partnership to incorporate Iteris pedestrian tracking technology into Sumitomo Electric's safety and navigation systems.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• INRIX: INRIX is a leading provider of traffic data, analytics, and connected car services, with the INRIX IQ platform serving DOTs and automotive OEMs. It competes most directly with Iteris ClearGuide in traffic analytics and with HERE Technologies partnerships for data layer; both target public agencies for performance measurement and real-time traffic intelligence.
• Kapsch TrafficCom: Kapsch TrafficCom is an Austria-based direct peer providing intelligent transportation systems, connected vehicle solutions, and tolling infrastructure globally. Both companies compete for DOT and agency contracts in North America on V2X, traffic detection, and corridor management, with similar product portfolios and customer base.
• Econolite (Econolite Group): Econolite is a leading US provider of traffic signal control systems, intersection detection, and traffic management software. It directly competes with Iteris's Vantage detection and ClearMobility offerings in the North American DOT and municipal market with comparable intersection hardware and Centracs ATMS software.
• Q-Free ASA: Q-Free is a Norwegian ITS company providing traffic management, tolling, and connected vehicle solutions to transportation agencies. It directly competes with Iteris in the US intersection detection and traffic analytics market, offering comparable hardware-software-service bundles to state DOTs.
• Cubic Corporation (Cubic Transportation Systems): Cubic Transportation Systems is one of the largest providers of intelligent transportation systems, fare collection, and traffic management solutions to public transit agencies and DOTs in North America. It directly competes with Iteris in the transportation infrastructure market with overlapping agency customer base and similar hardware/software bundling model.
• TransCore (Roper Technologies subsidiary): TransCore is a major US provider of tolling, traffic management, and intelligent transportation systems, owned by Roper Technologies. It competes with Iteris in the DOT and transportation authority market, particularly in tolling-adjacent intersection detection and connected vehicle infrastructure deployments.

Broad incumbents

• Siemens Mobility: Siemens Mobility is a global incumbent in traffic management, intersection control, and intelligent transportation systems, with the SCATS adaptive signal system and broader portfolio. Iteris's Senior Product Manager began career at Siemens, illustrating the talent overlap; Siemens competes in many of the same DOT and municipal bids as Iteris but at larger scale.
• Conduent Transportation: Conduent provides transportation technology and business process services to public agencies, including transit fare collection, traffic management, and mobility analytics. While its portfolio is broader than Iteris's, it competes in adjacent transportation agency markets with managed services and analytics solutions.

Others

• TomTom: TomTom provides maps and traffic data with growing connected vehicle and traffic analytics offerings for automotive OEMs and public agencies. While primarily automotive-focused, TomTom competes with Iteris's ClearData and ClearGuide offerings in the traffic data layer, particularly through map and location services partnerships with DOTs.

Emerging players

• Miovision: Miovision is a Canadian traffic data and smart intersection platform company offering video-based detection, traffic studies, and connected intersection solutions. It overlaps with Iteris in video detection at intersections but is smaller and more focused on data collection and study services for agencies and engineering firms.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/iteris
• YouTubeyoutube.com/user/IterisSolutions
• Facebookfacebook.com/Iteris-Inc-202838216412564
• LinkedInlinkedin.com/company/iteris-inc-

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Iteris