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Esri Launches Indoor Positioning System

Says Indoor Positioning Market Will Grow... Saying that its new indoor positioning software will improve operational efficiency and safety, Esri, has launched ArcGIS IPS—a product that it...

EIB Grants Kontakt.io 12 Million Euros in Funding

The European Investment Bank (EIB) has signed a 12 million euro agreement with indoor spatial intelligence company Kontakt Micro-Location, also known as Kontakt.io, to support the company’s...

Mapping Platform NextBillion.ai Raises $21 Million

Location and geospatial company NextBillion.ai has raised $21 million in a Series B funding round led by global investment firm Mirae Asset Capital.  Other investors include Lightspeed Venture...

New NIST-FirstNet Facility Tests Indoor Location Technology

The National Institute of Standards and Technology and the First Responder Network Authority announced last week that it will launch a virtual-reality research facility that will focus on...

Qualcomm Completes Skyhook Acquisition

Qualcomm Technologies  said it has completed the acquisition of location technology pioneer Skyhook.  Although the technology giant has not made a formal announcement about the...

Oriient Grabs $11 Million in New Funding

Indoor location company Oriient has announced an $11 million Series A funding round, which was led by venture capital equity platform OurCrowd.  Other participating companies include Regal Four, F2...

Huawei Launches First Commercial 5G Indoor Positioning Solution

Saying it has reached 1-3 meter accuracy 90 percent of the time, Huawei launched its commercial 5G indoor positioning solution at its Global Analyst Summit.  The company...

U-blox Reports Increased Revenue for 2021

Company predicts strong automotive and industrial markets in 2022 Seeing strong future growth, Thalwil, Switzerland-based u-blox  this week reported a 24 percent increase in revenue for fiscal year...

Race to Digitize Building Maps

Artificial Intelligence mapping has made it possible to digitize complex buildings at scale as companies look to re-open workplaces in the wake of the...

Geofencing Company Radar Raises $55 Million

Brings the company’s total funding to $85.5 million New York-based geofencing startup Radar has raised $55 million in Series C funding with a $365 million valuation. The...

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