Indoor Atlas Receives Investment from Mobility Ventures

Indoor Atlas, Ltd., an Oulu, Finland-based developer of indoor positioning and mapping technology company, received an investment from Mobility Ventures.

The amount of the transaction was not disclosed.

Founded in 2012 by CEO Dr. Janne Haverinen, Ph.D., as a spin-off from the University of Oulu, Finland, Indoor Atlas offers a complete toolbox which leverages magnetic anomalies inside buildings and smartphones to accurately pinpoint positions indoors.
The solution enables businesses and individuals to create indoor location-awareness applications for store promotions, mobile gaming, logistics efficiency or just finding one’s way around inside shopping centers, airport terminals, etc.
For example, it can improve the ability to analyze customer behavior and influence it with quick calls to action to increase sales, help universities allow students to chart classrooms, hospitals streamline the movement of patients, and organizations & governments track movement of people for convenience and safety purposes.

FinSMEs

202/04/2013

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