Predict your next investment

INTERNET | Internet Software & Services / Social
spime.com

See what CB Insights has to offer

Stage

Acquired | Acquired

Total Raised

$580K

About Spime

Spime is an innovator and provider of location-enabling technologies and solutions to the mobile world including mobile OEM, ODM, Operators and GPS silicon providers. Also, Spime is the one stop solution for Social Networking companies to location enable, Navigation enable and enrich the location based mobile user experience. From navigation, to tracking, to location-enabling firmware and advertising applications, the Spime family of products and services is shaping the future of mobile experiences.In May 2012, Spime was acquired by Trimble Navigation. The valuation of Spime was undisclosed. Other terms of the deal were not released.

Spime Headquarter Location

Suite 195

Newark, California, 94560,

United States

Latest Spime News

Trimble acquires Spime to grow its GPS business

May 24, 2012

Tags: acquisition , editor's pick , featured , global positioning system , GPS , location based services , Shankar Narayanan , Spime , Trimble Advanced positioning technology company Trimble has acquired mobile GPS company Spime , VentureBeat has learned. Shankar Narayanan, chief executive of Spime, indicated on his LinkedIn page that Spime is now a Trimble company. A Wikipedia entry for him says that as of May 2012, Spime was “acquired by a multi billion dollar United States public Company.” Spime specializes in GPS software platforms for use by smartphone app developers. Its MapMan LBS Platform integrates social and location services into GPS-enabled apps. Spime also offers a navigation service and map service under the names Northstar Nav and Northstar Map. Spime’s customers include mobile operators, manufacturers, developers, and platform and semiconductor providers, who use its platforms to build location-based apps. Nokia’s Navteq has partnered with Spime for its GPS technology. On the other hand, Trimble builds GPS hardware for construction, surveying, government, and military uses. Its product offerings range from 3-D laser scanners and military survey systems to embeddable GPS antennas and GPS chipsets. Trimble’s mobile segment makes up a small part of the company, and offers devices for field service management, transportation, and logistics workers, who need to take portable GPS devices into the field. Trimble may have snatched up Spime to flesh out its mobile business a bit more and take advantage of Spime’s GPS software. Trimble’s founder, Charles Trimble, started the company after leaving HP in 1978. Since its founding, the company has been responsible for developing GPS technology for commercial and consumer use. In 1999, it became the first GPS to go public. Trimble recorded $1.6 billion in revenue for 2011. The company’s headquarters are in Sunnyvale, Calif. Spime was founded in 2006 and has raised $3.86 million in funding from undisclosed investors. It recently closed a $3.2 million round in April 2012. The company is based in Newark, Calif. near Silicon Valley. VentureBeat has reached out to Trimble and Spime for comment and will update when we get a response. GPS on a map image via Shutterstock Get more stories like this on Twitter &  Facebook Press Releases

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.