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location, Mobile, wireless Wade Roush wrote: The Global Positioning System helps millions find their way around the surface of the planet every day. But if you've ever walked around with a handheld GPS unit, you know that the radio signals transmitted by GPS satellites are so weak that they're hard [...] [ Xconomy Venture Capital Feed ] - Via Orglex

location, Mobile, wireless Wade Roush wrote: The Global Positioning System helps millions find their way around the surface of the planet every day. But if you've ever walked around with a handheld GPS unit, you know that the radio signals transmitted by GPS satellites are so weak that they're hard [...] [ Venture Capital Network ] - Via Orglex

Location technology firm Rosum Corporation has raised $15 million in a second round of funding. Liberty Media (NSDQ: LINTA) Corporation subsidiary TruePosition joined existing investors Charles River Ventures, Allegis Capital, Steamboat Ventures, KTB Ventures in this round of financing. The Redwood, California-based company will use the funding to expand into [...] [ mocoNews.net ] - Via Orglex

Rosum has raised $15 million to invest in its navigation technology which is an alternative to global positioning system (GPS). The Redwood City, Calif., company uses signals embedded in broadcast TV signals to fix the location of different moving objects. It serves as an alternative to GPS because it works [...] [ VentureBeat ] - Via Orglex

Ribbit introduced itself formally to the world today. Talk about BHAG (Big Hairy Audacious Goal), but the company has adopted the line that it is “Silicon Valley’s first telephone company”. For the best coverage of the company’s proposition, read Techcrunch’s post, which goes pretty deep in understanding what’s possible. Ribbit [...] [ Alsop Louie Partners ] - Via Orglex

| Fund Rated 3.1I pitched these guys quite a while ago. I owned quite a bit of stock in the company. They had the nerve to say I owned way too much and that in order to do a deal they wanted most of the company and they would give [...] [ The Funded ] - Via Orglex