Mobile location intelligence tools provider PlaceIQ, backed by corporate venturing unit kbs+ Ventures, takes its total funding raised to $11.95m.
KBS+ Ventures, which invests on behalf of US-based advertising and marketing firm Kirschenbaum Bond Senecal and Partners, has increased its backing of US-based mobile location intelligence tools provider PlaceIQ through its participation in a Series B financing round of $6.75m.
The financing was led by California-based US Venture Partners (venture capital investor, primarily in information technology and healthcare). Other investors included New York-based IA Ventures (venture capital investor in data-centric companies), Virginia-based Valhalla Partners (venture capital investor in technology) and several…