Swift Navigation Lands $2,600,000 Seed Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=138ca546-e13d-495e-be1c-0ea4760213c9
Date
8/22/2014
Company Name
Swift Navigation
Mailing Address
1155 Indiana St. San Francisco, CA 94107 USA
Company Description
Swift Navigation is universal high-accuracy positioning, made cheap, easy and accessible. We build our RTK GPS as a platform to enable a range of new and existing applications. Already a mainstay of the surveying and precision agriculture market, we believe high accuracy positioning is necessary for the next generation of machine control applications, from unmanned aerial vehicles to robotics to autonomous transportation.
Website
http://www.swiftnav.com
Transaction Type
Venture Equity
Transaction Amount
$2,600,000
Transaction Round
Seed
Proceeds Purposes
Next year Swift Navigation will release a rugged version of their receiver that dramatically improves the GPS in a tablet or mobile device, delivering centimeter-accurate positioning for any existing mobile app. An SDK will allow third-party developers to build rich user experiences on top of Swift’s positioning platform.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor
Venture Investor