Skyhook Wireless

SoftwareSeries CBoston, USskyhookwireless.com

Latest round

Series C

Last raised

Jun 2007

Total raised

$16M

Investors

5

About Skyhook Wireless

Skyhook Wireless, Inc.Founded in 2003, Skyhook Wireless, Inc. is headquartered in Boston, US, specializing in location services. The company underwent a significant pivot in February 2014 when it was acquired by TruePosition. In early 2021, Skyhook's Geospatial Insights business line was acquired by PlaceIQ, Inc.Skyhook Wireless specializes in location-based services, offering a suite of products that enhance location accuracy for mobile devices and applications. Their core offerings include a hybrid positioning system that integrates GPS, Wi-Fi, and cell tower data, providing precise location information especially in urban settings where GPS signals may falter. The technology supports various applications such as navigation, geofencing, and location analytics for clients including mobile app developers, OEMs, and enterprises in sectors like transportation, logistics, and retail.Skyhook Wireless generates revenue through a subscription-based model and strategic partnerships. Clients subscribe to service tiers based on their usage needs, which include access to location APIs and data analytics tools. The pricing is tailored to the complexity of the solutions offered, targeting both B2B clients and direct-to-consumer applications.Skyhook Wireless plans to further develop its location-based offerings and expand into new geographic markets. Specific regions targeted for growth include Asia-Pacific and Europe, with initiatives aimed to be realized by 2023. The recent acquisition of the Geospatial Insights business line will also allow Skyhook to diversify its service offerings and better cater to evolving client needs.

Who invested in Skyhook Wireless

5 investors across 3 rounds

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Funding rounds

  1. Series C

    Jun 25, 2007

    Amount

    $8M

    Investors

    Locked

  2. Series B

    Nov 17, 2005

    Amount

    $6M

    Investors

    Locked

  3. Angel

    Jan 1, 2004

    Amount

    $1.8M

    Investors

    Locked

Questions about Skyhook Wireless

Who invested in Skyhook Wireless?

Skyhook Wireless has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Skyhook Wireless raised?

Skyhook Wireless has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Skyhook Wireless last raise money?

Skyhook Wireless's most recent round on record is a Series C, in Jun 2007.

What does Skyhook Wireless do?

Skyhook Wireless is a software company.

Where is Skyhook Wireless headquartered?

Skyhook Wireless is headquartered in Boston, US.

Which VCs invest in companies like Skyhook Wireless?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Skyhook Wireless's stage. Their profiles are linked below.

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