Aloqa Garners $1,500,000 Series A Financing

  • Feed Type
  • Date
    7/16/2009
  • Company Name
    Aloqa
  • Mailing Address
    855 El Camino Real Bldg 4 Palo Alto, CA 94043
  • Company Description
    Aloqa was founded in May 2007 in Munich by a group of computer science PhDs specializing in scalable multi-body position tracking and location based services. The founders built on know-how from commercial financial modeling projects and advanced research at Munich’s Ludwig Maximilian University. Since then, the Aloqa team has grown globally and built extensive internationally acknowledged IP, including several patents in process in the fields of mobile communication, mobile services, position tracking, and location services.
  • Website
    http://www.aloqa.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Wellington Partners
  • Venture Investor
    Undisclosed

By posting a comment, you agree to our terms and conditions.