ShopCloud

Company Overview

Snapshot

Founded in April 2012 by Gil Devora, Gilad Vaksman, and Michael Bar-Zeev, ShopCloud operates with 1-10 employees. The company has raised $700K across one funding round. ShopCloud's main product, Inside Navigation, was highlighted in February 2014 for its innovative indoor-location platform.

Business overview

ShopCloud is a business software company focused on enhancing the shopping experience through mobile technology. Its core product, Inside Navigation, utilizes smartphone sensors to provide sub-meter accurate indoor location services, surpassing the precision of other competing solutions. This technology allows retailers to engage customers with essential information, special offers, and direct purchasing options, serving the retail and e-commerce tools sectors.

Strategic signal

In February 2014, ShopCloud's Inside Navigation platform garnered attention for its ability to use a phone's camera for highly accurate indoor location. This development signaled a potential shift in how retailers could implement precise in-store targeting and customer engagement, offering a more cost-effective and accurate alternative to hardware-based indoor positioning systems.

Company Intelligence Q&A

What is ShopCloud's primary product?

ShopCloud's primary product is Inside Navigation, an indoor-location platform that uses smartphone sensors to provide sub-meter accuracy for retail environments.

When was ShopCloud founded?

ShopCloud was founded in April 2012.

Who are the founders of ShopCloud?

ShopCloud was founded by Gil Devora, Gilad Vaksman, and Michael Bar-Zeev.

What is the total capital raised by ShopCloud?

ShopCloud has raised a total of $700K in funding.

What was a key development for ShopCloud in early 2014?

In February 2014, ShopCloud's Inside Navigation platform was noted for its innovative use of smartphone cameras to determine indoor location with high precision.