I have written about location-based technology for 911 on cellular telephony as an enabler of greater awareness of the world right now (companies like Intrado). Here’s a twist on the technology, targeted at the organic network growth of wi-fi. This is a powerful convergence of phenomena.
Bain Capital Ventures, which pools funds from major tech companies like Intel and Nokia, said Thursday it’s backing Skyhook Wireless in a $6.5-million first round of funding…The technology is seen by many as fundamental to enabling location-based services, like driving directions, targeted advertising, vehicle or asset tracking, as well as social networking applications that could communicate location information to a user’s friends and coworkers.
Skyhook Wireless provides a software-only positioning system that leverages a nationwide database of known Wi-Fi access points to calculate the precise location of any Wi-Fi enabled device.