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Indoor Positioning Startup indoo.rs Raises “Six-Figure” Seed Round From Tecnet Equity, SpeedInvest, And Techinvest

Wednesday, February 20, 2013 11:23
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GPS technology and the increasing ubiquity of smartphones has given rise to a plethora of mapping and other location-based services that work relatively well outside. But indoor positioning can still be very hit and miss. Hoping to solve this problem is indoo.rs, a startup that has developed indoor location and navigation technology to let developers build apps and services that are able to position people inside buildings, such as airports, shopping malls, and other indoor spaces. It also plans to license its IP to chipset/handset manufacturers to enable them to build indoor positioning support into their hardware in a power and speed efficient way.

source: http://feedproxy.google.com/~r/Techcrunch/~3/raKgmCYWhI0/



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