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Maporama gains new investor

PARIS-Location-services company Maporama announced it gained a new investor, a move that comes as the company will restructure its executive line-up and refocus on international markets.

Maporama, which sells location technology to businesses in the United States and elsewhere, said Sydney Drahy will join as a new investor and the company’s chairman. Dominique Grillet will serve as chief executive officer and will work with Laurent Vermot-Gauchy, the company’s new chief operating officer and the founder of the company.

Maporama said it will focus on mobile applications for fleet management, sales force support and location-based services for telecommunications carriers.

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