# William V. Powers

> William V. Powers, known as Bill, is co-founder and CEO of Cambridge Mobile Telematics. He joined MIT researchers Hari Balakrishnan and Sam Madden to establish the company in 2010 after a career spanning sports marketing, radio sales, Traffic.com, and other media and technology businesses. He also established the Luke Vincent Powers Foundation, which supports disadvantaged children.

- **Role:** Co-Founder & Chief Executive Officer at Cambridge Mobile Telematics
- **Organizations:** Cambridge Mobile Telematics, Luke Vincent Powers Foundation, Traffic.com, Swoop, Access 360 Media, Westwood One, American Radio Sports, Best Buddies International
- **From:** Boston, United States
- **Education:** Cape Cod Community College, Boston University
- **Known for:** Co-founded CMT in 2010 and built its commercial operations alongside two MIT researchers., Led CMT through its 2018 SoftBank investment and subsequent acquisitions of TrueMotion and Amodo., Established the Luke Vincent Powers Foundation to support disadvantaged children.

## Career timeline

- **Age 21** — Started his first business, a basketball camp.
- **1999-2007** — Worked in sales leadership at Traffic.com.
- **2007-2012** — Chief Sales Officer at Access 360 Media.
- **2009** — Met Hari Balakrishnan during the commercialization of MIT mobile-sensing research.
- **2010** — Co-founded Cambridge Mobile Telematics with Hari Balakrishnan and Sam Madden.
- **2012-2018** — Executive Vice President of Strategic Development at Swoop.
- **2018** — CMT announced a $500 million SoftBank Vision Fund investment.
- **2021** — Led CMT during its acquisition of TrueMotion.
- **2023** — CMT acquired European telematics company Amodo.
- **2026** — CMT announced a $350 million strategic investment led by TPG and Allianz X, with State Farm participating.

## Achievements

- Co-founded CMT in 2010 and built its commercial operations alongside two MIT researchers.
- Led CMT through its 2018 SoftBank investment and subsequent acquisitions of TrueMotion and Amodo.
- Established the Luke Vincent Powers Foundation to support disadvantaged children.

## Latest updates

- **2026-10** — Appeared on Gary Fowler’s GSD Venture Studios podcast to discuss real-world AI in mobility.
- **2026-10** — An ITC Vegas interview covered consumer trust in driving measurement, AI at CMT, and the danger of institutional arrogance.
- **2026-03** — CMT announced the TPG- and Allianz X-led $350 million strategic investment and long-term Allianz commercial agreements.
- **2025-12** — CMT and Team Brady announced renewal of their telematics partnership.

## Links

- Website: https://www.cmtelematics.com/
- LinkedIn: https://www.linkedin.com/in/wvpowers/

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Profile page: https://yespress.io/william-powers
Published by YesPress — https://yespress.io
Last updated: 2026-10-25