Predict your next investment

INTERNET | Internet Software & Services / Search
localstre.am

See what CB Insights has to offer

Stage

Acquired | Acquired

About Localstream

Localstream offers a highly scaleable Local Search Platform that greatly simplifies the problem of automatically linking content to locations such as cities, neighbourhoods and venues.

Localstream Headquarter Location

Unter den Linden 40

Berlin,

Germany

Latest Localstream News

German CRM startup Linko bags $2.6M in seed round, buys Localstream

Jul 29, 2016

    German CRM startup Linko bags $2.6M in seed round, buys Localstream (Credit: Linko) This image shows a homepage screenshot from the website of Berlin, Germany-based CRM startup Linko. January 16 by VCPOST Staff Reporter  Mobile customer relationship management (CRM) solution startup Linko announced today a $2.6 million seed financing from angel investors. The Berlin-based firm also acquired location-based technology startup Localstream, according to VentureBeat. Linko will use the funding to form a team of developers, improve its procuts, and enhance its customer delivery capacity, the report said. Founded in 2013, Linko is a company that provides an automated CRM service that gathers sales data from mobile devices. Chief Executive Officer Mikko Alasaarela said Linko's product is easy to use, not just for the managers but most especially for the sales employees, who are the end users of the product, the report detailed. Advertisement Meanwhile, Alasaarela said of its new acquisition: "We saw a strong synergy between the Localstream technology platform and Linko's core product. Automated location-aware customer communication data will offer a huge advantage to sales managers who embrace mobile devices as sales tools". Under the terms of the deal, Localstream's technology and team will be merged into Linko, VentureBeat reported. Advertisement © 2016 VCPOST, All rights reserved. Do not reproduce without permission. Advertisement

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.