LocatioNet Overview

  • Year Founded
  • 1991

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • 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

Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 8 Kehilat Kiev Street
  • Tel Aviv 6998923
  • Israel
Primary Industry
Application Software
Other Industries
Automation/Workflow Software
Acquirer
Vertical(s)
Corporate Office
  • 8 Kehilat Kiev Street
  • Tel Aviv 6998923
  • Israel

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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
To view LocatioNet’s complete valuation and funding history, request access »

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
You’re viewing 5 of 7 investors. Get the full list »

LocatioNet FAQs

  • When was LocatioNet founded?

    LocatioNet was founded in 1991.

  • Where is LocatioNet headquartered?

    LocatioNet is headquartered in Tel Aviv, Israel.

  • 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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