# Networks in Motion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/networks-in-motion

- Industry: Telecoms
- Headquarters: Aliso Viejo, US
- Website: www.networksinmotion.com
- Total disclosed funding: $15M
- Latest round: Series C (Mar 28, 2006)
- Investors on record: 3

## About

Networks in Motion specializes in mobile navigation and location-based services, providing advanced solutions that enhance connectivity and user experience across various applications.Founded in 2000, Networks in Motion is headquartered in Aliso Viejo, California, US. The company focuses on mobile navigation and location-based services. It was acquired by TeleCommunication Systems, Inc. in December 2009 for USD 170.00 mn. The company has participated in four notable deals since its inception.Networks in Motion offers a sophisticated platform for mobile navigation and location-based services, enabling users to access real-time navigation, mapping, and traffic information seamlessly. Their services are designed to improve user experiences for various applications, catering to a broad audience with distinct needs in mobile connectivity and navigation solutions.Networks in Motion generates revenue through various transactional activities related to their navigation services. The business model includes fees from subscriptions and partnerships with mobile service providers, enhancing user engagement and retention through innovative and reliable service offerings.Networks in Motion aims to enhance its service offerings with new products focused on advanced navigation technologies expected to launch by 2024. The company plans to expand its reach into emerging markets in Asia and Europe by 2025. The recent acquisition funding of USD 170.00 mn will be utilized to support these expansions and develop new product lines.

## Funding rounds

- Series C, Mar 28, 2006, $10M — Mission Ventures, Redpoint Ventures, Sutter Hill Ventures
- Series B, Oct 26, 2004, $5M — Mission Ventures, Redpoint Ventures

## Investors

- Mission Ventures (https://capitalatlas.ai/funds/mission-ventures) — Series B, Series C
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series B, Series C
- Sutter Hill Ventures (https://capitalatlas.ai/funds/sutter-hill-ventures) — Series C