KitLocate
Consumer Location Intelligence Platform
Company Overview
Snapshot
Founded in August 2011 by Omri Moran, Yoav Cafri, and Ron Miller, KitLocate operated with 1–10 employees. The company raised $750K across one funding round from two investors before being acquired by Yandex in March 2014.
Business overview
KitLocate developed a mobile location cloud app platform for iOS and Android, enabling mobile applications to become location-aware. Its core technology combined an always-on, battery-efficient location tracking SDK with big data analytics and robust messaging capabilities. The platform allowed developers and brands to deliver effective user engagement and services based on real-time location, serving industries that benefit from precise, timely, and context-aware interactions with their users, such as advertising and mobile software development.
Strategic signal
KitLocate's acquisition by Russian search giant Yandex in March 2014 signaled a strategic move by Yandex to enhance its mobile geolocation capabilities and potentially establish an Israeli R&D center. This acquisition highlighted the increasing value of low-power, accurate mobile location intelligence for large technology companies looking to expand their service offerings and market reach.
Log in to access full profile ›Company Intelligence Q&A
- When was KitLocate founded?
- KitLocate was founded in August 2011.
- Who were the founders of KitLocate?
- KitLocate was founded by Omri Moran, Yoav Cafri, and Ron Miller.
- What was the total capital raised by KitLocate?
- KitLocate raised a total of $750K.
- When was KitLocate acquired and by whom?
- KitLocate was acquired by Yandex in March 2014.