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Selectron Systems AG develops advanced control, network, and communication technologies for the rail industry. Its core offering is a comprehensive Train Control and Management System (TCMS), integrating critical vehicle automation, diagnostics, and communication infrastructure. These systems ensure precise control for on-board functions like HVAC and lighting, enhancing operational efficiency and passenger comfort in rail vehicles.
Founded in 1956 in Lyss, Switzerland, Selectron initially manufactured precision components for hearing aids. The company later pivoted, applying its electronic control expertise to railway automation. This evolution leveraged its foundational knowledge, leading to specialization in robust systems for modern rail transport. The strategic shift capitalized on a growing demand for reliable, specialized electronic solutions in critical transportation infrastructure.
Selectron's solutions are adopted by rail operators and vehicle manufacturers globally. Its vision centers on enabling safer, more efficient, and reliable railway operations worldwide. The company advances durable automation technologies, setting benchmarks for systems that withstand harsh rail environments, ensuring seamless connectivity and control for future global mobility.
Selectron has raised $8.0M across 1 funding round.
Selectron has raised $8.0M in total across 1 funding round.
Selectron has raised $8.0M in total across 1 funding round.
Selectron's investors include Serena Capital.
Selectron Technologies, Inc. is a software company founded in 1960 that provides interactive solutions, including IVR (Interactive Voice Response), web, mobile, text messaging, notification, and payment processing platforms, primarily to local and state governments.[1][2][3] Its Relay Enterprise Platform empowers over 600 customers to reduce costs, manage staff workloads, and improve citizen services through PCI-compliant, hosted technologies like automated permitting, inspections, property taxes, and transactions.[1][2][3] With 113-146 employees, $35.6 million in 2024 revenue, and $1 million in funding, Selectron demonstrates steady growth in the public sector software niche, headquartered in Portland/Tigard, Oregon.[1][3][4]
The company serves government agencies facing operational inefficiencies, offering custom-tailored tools that automate routine communications and ensure compliance, such as Level 1 PCI payment processing and PA-DSS verified apps hosted in secure data centers.[1][2] This focus has built a strong track record, with recent migrations to hosted IVR reducing customer PCI compliance burdens by 50% in effort.[2]
Selectron Technologies was founded in 1960 in Portland, Oregon, initially establishing itself over 60 years as a provider of interactive solutions before specializing in public sector tech around 30 years ago.[1][3] The company's evolution centered on deep collaboration with state, county, and local governments, developing expertise in their business rules and processes to deliver telecommunications services like IVR for automating services such as permits and taxes.[2]
A pivotal moment came two years prior to the TelcoBridges case study (around 2020-2021), when Selectron shifted from on-premises IVR to a fully hosted, PCI-compliant architecture using ProSBC session border controllers, simplifying deployments and maintenance while cutting workload by at least 50%.[2] Leaders like Mike Hannegan (VP of Technologies) and Don Ruberg (VP of Business Development) have driven this focus on government efficiency.[1][2]
Selectron rides the trend of digital transformation in government, where agencies adopt cloud-hosted, compliant automation to handle rising citizen demands amid budget constraints and cybersecurity mandates like PCI.[2] Timing aligns with post-2020 shifts to remote/hybrid services accelerated by the pandemic, favoring hosted IVR over on-premises setups for resilience and scalability.[2]
Market forces include growing public sector tech spend on efficiency tools—Selectron's focus on niche IVR/payments positions it against broader players, influencing ecosystems by enabling agencies to prioritize citizen-facing innovations over IT maintenance.[1][3] Its longevity provides stability in a landscape of fleeting startups, contributing to standardized automation in U.S. local governance.[2]
Selectron is poised to expand its hosted platform amid rising demand for AI-enhanced IVR, mobile inspections, and integrated payments as governments modernize further. Trends like zero-trust security and multi-channel citizen engagement will shape its path, potentially boosting revenue beyond $35.6M through partnerships like TelcoBridges.[1][2]
Its influence may grow by influencing procurement standards for compliant govtech, solidifying its role as a trusted, 65-year incumbent in empowering efficient public services—tying back to its core mission of delivering real value through interactive solutions.[1][3]
Selectron has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Series A in June 2009.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2009 | $8.0M Series A | Serena Capital |