February 4th, 2011

LOC-AID Raises $13 Million For Location-Based Services Platform

LOC-AID Technologies, provider of a location-enabling mobile transaction platform, has raised $13 million in funding according to an SEC filing. The company is backed by Intersouth Partners and H.I.G. Ventures (Bain Capital Ventures MD Jeffrey Glass is also on the board).

LOC-AID operates what it says is the world’s largest mobile location data gateway, essentially a location aggregation platform… → Read More