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Software Startup IndoorAtlas Raises $4.3 Million

Location based app development platform IndoorAtlas Raises $4.3 Million
Credit: indooratlas.com

IndoorAtlas announced the close of $4.3 million in Series B financing. YAHOO! Japan and Innovestor Ventures participated in the round.

Founded in 2012, IndoorAtlas seeks to be a leading provider of solutions to developers for location-based apps. Its patented magnetic technology uses natural anomalies of the geomagnetic field to pinpoint locations indoors.