In February 2007, the Canadian Imperial Bank of Commerce (via CIBC Capital Partners) led the fourth round of funding totaling $10 million. In October 2007, Homaira Akbari replaced Burtner as CEO. By the end of 2007 SkyBitz had acquired more than 400 customers in North America and added two new products: a cargo sensor and tractor/trailer ID. The company was also ranked in Inc. 500, the Deloitte Wireless Fast 50, Deloitte Technology Fast 500, The Deloitte Technology Fast 50 for the states of Virginia and Maryland, and the Heavy Duty Trucking Nifty Fifty Award.