GPS | Pixr8 News

28Mar By NitishNo Comments

FUNDING

GPS based Tracking Platform Raises $250000 Seed Funding

Roadcast, a GPS based social platform that lets you create and share journeys with your friends and family in real-time raises $250000 in an angel funding round. The funding will use to expand the operations across major cities in India, with a prime focus on states like Punjab, Rajasthan, MP, Maharashtra, Uttar Pradesh and Gujarat. Also, some part of the funding will help to boost the organization's R&D, product structuring, PR and advertising operations, while also helping it to grow in terms of members as well as infrastructure. (more…)

Germany Bans Children’s Smartwatches For Security Issues, A Greater Concern

German telecom regulator Federal Network Agency (Bundesnetzagentur) has banned the sale of smartwatches that aim at children, accusing them of being spy devices. These smartphone apps may allow privacy invasion, which is one of the greatest threat to the world right now. People have started using their smartphones to store sensitive information, hence the security of such information should be promised. The telecom regulator had previously banned an internet-connected doll called My Friend Cayla for similar reasons. Some experts think that this decision could be a "game-changer" for internet-connected devices. "Poorly secured smart devices often allow for privacy invasion. That is really concerning when it comes to kids' GPS tracking watches - the very watches that are suppose...

MapmyIndia Acquires Bengaluru Based VIDTEQ To Build 3D and 360 Degree Map

Digital mapping firm MapmyIndia today said it has acquired Bengaluru-based VIDTEQ for an undisclosed amount. MapmyIndia is leading player in the area of digital map data and APIs, GPS navigation, tracking, location apps, and GIS solutions. “The MapmyIndia and VIDTEQ teams are excited to build the future of maps and location technologies together, that can make our world better,” MapmyIndia CTO Rohan Verma said in a statement. Founded by Chandra Thimmannagari and Navada Muraleedhara in May 2008, VIDTEQ offers a video map technology that allows users to view a video clip of the complete route from any source to the destination within a city. It already covers over 20 Indian cities. Besides, MapmyIndia announced a slew of partnerships. Under the collaboration with Reverie Language Techn...