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| GeoSentric Secures Additional $13Million Financing GeoSentric has secured $13.1 million in an oversubscribed round led by Horizon Group and Schroders Private Bank. GeoSentric will use the funds to expand its marketing and sales presence into selected global geographies, along with R&D that will develop and accelerate the company's product road map. Led by former senior executives from Netscape, Oracle and AOL/Time Warner, GeoSentric develops high value solutions that deliver unique geo-based consumer and business applications that integrate a mobile user's world with their desktop, digital television and PND devices. GeoSentric's flagship product is the GyPSii platform, which uses pioneering geo-location software technology to connect people to people, and people to places with new and exciting social community and location-specific services. write your comments about the article :: © 2007 Computing News :: home page |