IndoorAtlas Garners $4,500,000 New Round

  • Feed Type
  • Date
    6/12/2014
  • Company Name
    IndoorAtlas
  • Mailing Address
    1503 Grant Rd. Mountain View, CA 94040 USA
  • Company Description
    IndoorAtlas is the world‘s first company to utilize magnetic anomalies inside buildings and smartphones to pinpoint indoor locations. This results in an indoor position accuracy down to 1-2 meters without any additional infrastructure.
  • Website
    http://www.indooratlas.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    IndoorAtlas will use its new money to launch its product and build its operations in the U.S. market, Ms. Mero said.
  • M&A Terms
  • Venture Investor
  • Venture Investor