“Indoor GPS” company YFind raises US$1.18M from Innosight and Walden
June 18, 2012 by Terence LEE
Singapore-based YFind, an indoor positioning company, has raised S$1.5M (US$$1.18M) from Innosight Ventures and Walden International, it announced in a press release.
The company has developed patent-pending technology called YFind Positioning System enables users to find out there exact location in indoor or dense urban environments, with less than three meters accuracy.
The technology is WiFi-based, purportedly low cost, and works on iOS, Android, Windows Phone, and Blackberry. Applications for it include mobile advertising, business intelligence, and asset management. Read more
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