Tech Company Financing Transactions
Location Labs Funding Round
Threshold Ventures and BlueRun Ventures joined a $9.4 million Series B capital raise for Location Labs. The round was announced on 2/7/2005.
Transaction Overview
Company Name
Announced On
2/7/2005
Transaction Type
Venture Equity
Amount
$9,400,000
Round
Series B
Investors
Threshold Ventures (Lead Investor) (Andreas Stavropoulos)
BlueRun Ventures (Peter Buhl)
Proceeds Purpose
WaveMarket will use the proceeds to drive the success of their Crunkie service (mobile location-based social network), alert solutions and location-based applications by providing concentrated support to their growing list of wireless carrier customers.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
5980 Horton Street 675
Emeryville, CA 94608
USA
Emeryville, CA 94608
USA
Phone
Website
Email Address
Overview
Location Labs is a pioneer in location-based alerts and blogging. WaveIQ, the company's software product suite, enables users to receive notifications based on user movements or location triggers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tasso Roumeliotis
Chief Operating Officer
Joel Grossman
Chief Scientific Officer
Jesse Myers
Chief Technical Officer
Scott Hotes
VP - Finance
Edward Abbati
VP - Marketing
Jason Finkelstein
VP - Operations
Justin Safdie
VP - Product Management
Andy Ruff
Browse more venture capital transactions:
Prev: 2/7/2005: Actelis Networks venture capital transaction
Next: 2/7/2005: Frictionless Commerce venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC transactions on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs