SocialRadar $12.75 M of Seed Funding
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Washington, D.C. – SocialRadar, a leading-edge technologies in the mobile, social and location space which provides technology that makes people aware of the people and connections around them has raised $12.75 million of series A funding.
“SocialRadar is on the cutting edge of developing social location-based technology. Today over 1.1 billion people have smartphone devices that can broadcast their locations, and over 2.8 billion people have social profiles online. In the future, technology will inevitably combine the smartphone’s location with the power of social networks enabling users to walk into a room and be aware of the people and connections around them. SocialRadar is developing that technology today for the iPhone, Android and Google Glass.” said Michael Chasen, the President & CEO of SocialRadar.
The funding was led by New Enterprise Associates, Grotech Ventures and SWaN & Legend Ventures and backed by angel investors and serian entrepreneurs Steve Case, Ted Leonsis, Dave Morin, Steven Gruber and Mark Ein and other top executives and CEOs.
Funding Total: $12,750,000
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|Investors: New Enterprise Associates (NEA), Grotech Ventures, SWaN & Legend Venture Partners|