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    Friday, June 27, 2008
    Loctronix Raising $3.5M, Emerges From Stealth
    Woodinville, Washington-based Loctronix said earlier this week that the firm is in the midst of completing a $3.5M Series B funding round, and has emerged from stealth mode. The firm said that it is developing "universal location sensing" technology for mobile applications. Details of the funding were not released, and the firm did not say how much of the $3.5M had already been committed, or by whom. Loctronix said it is developing technology which uses GPS, GLONASS, and other positioning signal (More info...)

    posted on Friday, June 27, 2008 (More)(Full story)


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