Emeryville, CA (PRWEB) November 01, 2012
Location Labs, worldwide pioneer in mobile location and device management technologies, today announced the company has been named to the San Francisco Business Times’s “Fast 100” list of the Bay Area’s fastest-growing private companies. Location Labs ranked #32 on the list, on which it also appeared in 2010 and 2011, based on its 286 per cent revenue growth from 2009 to 2011.
“We are honored to be recognized by the San Francisco Business Times on their prestigious list, particularly in a region that is home to so many innovative companies,” said Tasso Roumeliotis, Founder & CEO of Location Labs. “We are seeing increasing global demand from consumers and wireless carriers for apps and services that both enhance mobile phones’ benefits and combat their drawbacks. We look forward to driving further innovation in the coming year.”
The San Francisco Business Times partners with PricewaterhouseCoopers to conduct research and annually compile the Top 100 Fastest-growing Private Companies. The Fast 100 ranks privately held companies in the Bay Area on percentage of revenue growth during the three most recent fiscal years.
About Location Labs
Established in 2002, Location Labs is the worldwide pioneer in mobile location and device management technologies. Its Sparkle® LBS and MDM platform is licensed by Tier 1 global wireless carriers and is today pre-loaded on tens of millions of mobile devices. Sparkle powers essential value-added services that increase ARPU and reduce churn for wireless carriers.
The company’s Safely consumer division, launched in 2011, employs these innovative technologies to create mobile safety solutions for families. In partnership with Tier 1 global wireless carriers like AT&T, Sprint, T-Mobile and Telefónica, Safely builds and provides subscription-based services that make it easy for parents to keep tabs on their kids, set limits on phone use and instill healthy digital habits for life. Safely services include: Family Locator, available today as AT&T FamilyMap, Sprint Family Locator and T-Mobile FamilyWhere in the US and in Spain as Aquí estoy de Movistar; Drive Safe, available today as Sprint DriveFirst, T-Mobile DriveSmart Plus and Safely Go; and Phone Controls, available today as Sprint Mobile Controls.
Location Labs has raised $26MM in venture financing from Draper Fisher Jurvetson, BlueRun Ventures (formerly Nokia Venture Partners), QUALCOMM Ventures, Intel Capital, and Mitsui Ventures and was named to Inc. Magazine’s 500|5000 list of America’s fastest-growing private companies and to the San Francisco Business Times’s list of the Bay Area’s fastest-growing private companies in 2010, 2011 and 2012. The company is headquartered in Emeryville, California, and operates in the US, Europe and India. Visit http://www.LocationLabs.com and http://www.Safely.com for more information.