Emeryville, CA (PRWEB) October 03, 2012
Location Labs, worldwide pioneer in mobile location and device management technologies, today announced the company has been named to the 2012 Inc. 500|5000 list of America’s fastest-growing private companies. Based on percentage revenue growth from 2008 to 2011, Location Labs ranked #802 overall, #64 in the software category and #37 in San Francisco. Location Labs is one of the less than 17 per cent of companies in the 31-year history of the list who have made the list three or more times.
“We are honored to be recognized by Inc. Magazine as part of their prestigious 500|5000 list, particularly for the third year in a row,” said Tasso Roumeliotis, Founder & CEO of Location Labs. “We continue to work closely with MNOs to increase ARPU and reduce churn while bringing value to families with our mobile personal safety services. We look forward to driving further innovation in the coming year.”
Location Labs earned its place on the Inc. 500|5000 list with 425 per cent revenue growth and 114 new jobs added from 2008 to 2011.
About the Inc. 500|5000
In its annual list, Inc. Magazine provides year-over-year insight into the American economy by tracking the expansion of the fastest-growing private companies in the US—and the entrepreneurial spirit driving them. The 2011 Inc. 500|5000 list and Location Labs company profile are available online and in the September 2012 print issue.
About Location Labs
Established in 2000, 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 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.