Funding Received
$0 in 1 Round from 3 Investors
Most Recent Funding
Seed on February 20, 2013 / Undisclosed Amount
Brunn Am Gebirge
Description: is a technology research and development company specializing in indoor localization.
Markus Krainz, Bernd Gruber
Location Based Services, Internet of Things, Local, Software, Mobile

Company Details

Update is a mobile SDK that enables you to get real-time position and navigation updates indoors. Your mobile app can now locate and navigate inside buildings!

The solution uses a combination of Wi-Fi custom fingerprinting algorithms tuned for handheld devices, sensor fusion (if available), Bluetooth, in addition to dead-reckoning navigation algorithms to provide the most accurate, real-time positioning information to any application. The solution provides at least 15 foot (5 meters) accuracy without additional onsite hardware, and significantly greater accuracy down to 2 meters with additionally placed Wi-Fi access points or sensors. offers: • real-time navigation • white-label application • routing • support • analytics & more

...and enables: • developers • app agencies • technology and service providers fast and simply deploy and offer accurate indoor location-based services at competitive accuracy, speed, memory footprint and cost.

• Navigation • Shopping list routing • Offers/coupons • Advertising by location • Manufacturing/inventory/asset tracking ... from finding your way to the corresponding gate at the airport, to getting real-time point of sale promotions- is just what you are looking for!

The team also provides support and training for developers using the SDK for application development. Additionally, the team provides consultancy and professional services for embedded system development, and can provide customization and porting for a number of native chip-sets.

Current Team (3)


Funding Rounds (1) - $0.00


Board Members and Advisors (1)


Investors (3)

  • 44e2e213c7ced830a912ad0a458d3a61


    Speedinvest is an early stage seed fund based in Vienna, Austria. With funds of approx. 10M EUR...
  • C6bbc9b057956bf9c664d3b1992407b6

    Tecnet Equity

    tecnet equity is an Austrian venture capital fund investing in innovative, high-tech startup...
  • 7e59fcb47d534fbabb0481e21250e02f


    Techinvest was founded in 1984

Offices/Locations (3)

  • Inc.

    530 Lytton Avenue, Floor 2

    Palo Alto, CA CA 94301


  • Vienna Office

    Phorusgasse 8

    Vienna, 1040


  • Headquaters

    Europaring F 15/402

    Brunn Am Gebirge, 2345


Competitors (2)

  • 1f0d9c31f44399e7364b345ca8b0a28a


    IndoorAtlas is the global leader in indoor magnetic positioning offering a blue dot with 6 ft....
  • Zoh1gsewoiovfrpylgfl


    Wifarer builds beautiful location-aware apps.

Images (11)

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