Motorcoach

Motorcoach IT solution provider, UBT, raises $4M in investment

Posted on August 10, 2017

United Bus Technology (UBT), a leading IT solution provider company for the motorcoach industry, raised $4 million in Series A round. During the press conference on June 19, Tony Wei, UBT's founder and CEO, announced the deal.

"The funding, together with initial $6 million cash investments from our funders will enable UBT to expand its research capabilities and technical team to further drive our products and services," Wei said. The funding is led by DYNC Atlantic Investment, which is very optimistic of UBT's business model and ambitious growth plan.

Founded in January 2016 with a vision of revolutionizing the motorcoach industry, UBT is committed to providing the most innovative and affordable IT solutions for bus operators. UBT strives to achieve the highest customer-satisfaction rating in the industry, providing 24/7 customer service and full warranty on hardware and software. UBT's products for bus operators help boost sales, retain customer loyalty, and enhance operational efficiency.

UBT's flagship product, NetBox™, has been deployed to nearly 50 companies in the motorcoach industry and is well received by all. It is the most affordable all-in-one platform developed for bus operators on the market. NetBox™ provides high-speed Internet with MegaWifi, vast movie streaming system with OnCoach Cinema®, and a GPS-based fleet management solution MegaTrac®. UBT also offers many other customer-tailored services such as eLog, IFTA reporting, cloud-based ticketing, and reservation, which is operated by its partner, iLIKEBUS.com, and onsite passenger check-in.

View comments or post a comment on this story. (0 Comments)

More News

MV orders MCI J4500s to expand private commuter service fleet

The 2018 model coaches feature 56 seats with best-in-class legroom, Wi-Fi and charging outlets available to every passenger.

ABC Companies hosts open house for customers, community

The company's Winter Garden, Fla., location recently celebrated being part of the local community for over 40 years.

Co. launches group transportation booking platform for motorcoach industry

ProntoRes enables group travel planners to book, manage, track and pay all group transportation services online from the web portal mobile app.

Ramblin Express adds Van Hool CX35 coaches to fleet

The Denver-based company operates a casino shuttle program and a charter business. 

DATTCO celebrates driver's 40th Anniversary, 3.5M miles accident-free

During an informal ceremony, Mark Sullivan was surrounded by colleagues who took turns sharing memories from the past four decades.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close