LocatioNet Overview
- Year Founded
-
1991
- Status
-
Acquired/Merged
- Latest Deal Type
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M&A
LocatioNet General Information
Description
Provider of mapping and location-enabled applications designed to help in mobile workforce management. The company's mapping and location-enabled applications include an off-board navigation application for mass market phones and a mobile geographic portal application, enabling clients to provide interfaces and link content databases to mobile operators.
Contact Information
Website
www.locationet.comCorporate Office
- 8 Kehilat Kiev Street
- Tel Aviv 6998923
- Israel
Corporate Office
- 8 Kehilat Kiev Street
- Tel Aviv 6998923
- Israel
LocatioNet Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | Completed | Generating Revenue | ||||
| 2. Later Stage VC | 15-Mar-2001 | Completed | Generating Revenue | |||
| 1. Early Stage VC | 01-Jan-1991 | $3M | $3M | Completed | Startup |
LocatioNet Patents
LocatioNet Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-6771970-B1 | Location determination system | Inactive | 04-Oct-1999 |
LocatioNet Former Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Aktiva Group | Venture Capital | Minority | ||
| Bank of America | Investment Bank | Minority | ||
| CDIB Capital Group | Asset Manager | Minority | ||
| Ituran Location & Control | Corporation | Minority | ||
| Jerusalem Global Ventures | Venture Capital | Minority |
LocatioNet FAQs
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When was LocatioNet founded?
LocatioNet was founded in 1991.
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Where is LocatioNet headquartered?
LocatioNet is headquartered in Tel Aviv, Israel.
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What industry is LocatioNet in?
LocatioNet’s primary industry is Application Software.
-
Is LocatioNet a private or public company?
LocatioNet is a Private company.
-
What is LocatioNet’s current revenue?
The current revenue for LocatioNet is .
-
How much funding has LocatioNet raised over time?
LocatioNet has raised $17M.
-
Who are LocatioNet’s investors?
Aktiva Group, Bank of America, CDIB Capital Group, Ituran Location & Control, and Jerusalem Global Ventures are 5 of 7 investors who have invested in LocatioNet.
-
Who acquired LocatioNet?
LocatioNet was acquired by Telecom Italia.
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