IndoorAtlas Garners $10,000,000 New Financing Round

  • Feed Type
  • Date
    9/3/2014
  • 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
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will be using the funding towards ramping up R&D, engineering and business development in the US, Asia, and Europe.
  • M&A Terms
  • Venture Investor

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