The other investors include venture capital firms IA Ventures and Social Leverage, and angel investors.

KBS+P Ventures, the corporate venturing unit of a US advertising agency, has joined a consortium investing $1m in PlaceIQ, a developer of mobile marketing tools.

The other investors include venture capital firms IA Ventures and Social Leverage, and angel investors.

James Mawson

James Mawson is founder and chief executive of Global Venturing.