Traka

Traka

Traka - Traka - Intelligent Lockers, Key Management & Access Control Systems.

HQ location
Milton Keynes, United Kingdom
Website
Launch date
Employees
Enterprise value
$6—8m
Company register number
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DateInvestorsAmountRound
investor

€0.0

round
N/A

$1.4m

Early VC
Total Funding000k
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More about Traka
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Traka operates as a specialized provider of intelligent management solutions for keys and physical assets. The company's genesis traces back to 1995 when its founder, John Kent, developed a custom solution for British Airways, which needed a secure and traceable method for managing critical keys. Before establishing Traka, Kent was involved in a software company that created specialist business applications, including a system for vehicle rental companies. This background in creating audit trails for assets provided a foundation for Traka's first electronic key cabinet. The company was formally established in 1995 and experienced rapid growth, securing major accounts and expanding into overseas markets. A significant milestone occurred in April 2012 when Traka was acquired by ASSA ABLOY, a global leader in access solutions, which helped accelerate the company's global reach and technical development.

The firm's business model centers on designing, manufacturing, and selling hardware and software that secure, manage, and audit the use of physical assets. Traka serves a diverse clientele across more than 30 industries, including airports, transportation, property management, technology and data centers, retail, and secure establishments like prisons and police forces. Revenue is generated through the sale of its physical key cabinets and locker systems, as well as its web-based administration software, TrakaWEB, which provides centralized control and reporting. The company's offerings are tailored to customer needs, aiming to improve productivity, enhance accountability, and reduce operational risks and costs.

Traka's product portfolio includes a range of electronic key cabinets and intelligent lockers. These systems are designed to control access to keys and high-value equipment such as laptops, body-worn cameras, weapons, and fleet vehicles. The core of the system involves securing items in place and requiring user authorization for access, with all activity being recorded to create a complete audit trail. A key feature is the TrakaWEB software, a browser-based platform that allows for central management of all systems from any authorized device. This enables organizations to monitor and control assets in real-time, automate audit trails, and integrate with existing business and access control systems. Solutions range from standalone plug-and-play units like the Traka21 for smaller businesses to enterprise-level systems for large corporations, providing scalability for different organizational sizes and needs.

Keywords: intelligent asset management, electronic key cabinets, key management systems, intelligent lockers, asset control, access control solutions, physical asset security, TrakaWEB, audit trail software, RFID asset tracking, equipment management, secure storage, corporate security, asset accountability, fleet key management, sensitive equipment storage, enterprise security solutions, access monitoring, security hardware, risk reduction, operational efficiency

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