Company was acquired
Event Year: 2012
Company was acquired
Event Year: 2012
Loopt, a Silicon Valley-based venture, secured funding from prominent venture capital firms such as Sequoia Capital and New Enterprise Associates. The company developed an interoperable social-mapping service designed to connect users with their immediate surroundings. By leveraging mobile phone technology, Loopt aimed to facilitate the discovery of nearby people, places, and events, enhancing real-time social experiences. The core value proposition of Loopt was to keep users informed about their surroundings, providing insights into nearby social activities and points of interest, thereby fostering spontaneous and location-aware interactions.
Loopt, a Silicon Valley-based venture, secured funding from prominent venture capital firms such as Sequoia Capital and New Enterprise Associates. The company developed an interoperable social-mapping service designed to connect users with their immediate surroundings. By leveraging mobile phone technology, Loopt aimed to facilitate the discovery of nearby people, places, and events, enhancing real-time social experiences. The core value proposition of Loopt was to keep users informed about their surroundings, providing insights into nearby social activities and points of interest, thereby fostering spontaneous and location-aware interactions.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2005
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2005
Consumer
Consumer
Consumer -> Social
Consumer -> Social
Team size: 11
Hiring: No
Team size: 11
Hiring: No
