Location Sciences Group Raises £2.95M in Second Funding

location servicesLocation Sciences Group PLC (AIM:LSAI), a location data intelligence company, raised £2.95m in second round of funding through placing shares and open offer.

The company, which has now raised £3.36m in the last six months, will use the net proceeds primarily to bring its product globally, particularly in the United States.

Led by Mark Slade, Chief Executive Officer, Location Sciences uses machine learning technology to provide a platform protecting advertisers against location ad-fraud by ensuring their location-based adverts are delivered to their intended audiences.
The company works in partnership with brands, media buying agencies, out of home media owners and technology partners to deliver measurable mobile location-specific marketing campaigns.



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