Wednesday, May 23, 2007

uLocate Receives $11 Million for Their Mobile Location Services

location based services


May 20, 2007

uLocate Communications Inc. receives $11 million as a business to business provider of mobile location services. Investors included Venrock Associates, GrandBanks Capital, and Kodiak Venture Partners.

What does uLocate do?

uLocate provides mobile location services to carriers and other mobile providers.

VCU says:

While uLocate provides mobile location services, it appears that just recently they announced "Where". "Where" is a mobile GPS widget platform. Consumers can find widgets for their mobile phones but more importantly developers have access to GPS functionality.

We will continue to follow similar fundings. Take a look at uLocate.com.

No comments: