ShopCloud

Inside Navigation Solution

Business Software
Non Active, Dec 2014
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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 $700,000 across one funding round.

Business overview

ShopCloud develops an inside navigation solution designed to enhance the shopping experience. Its core product, Inside Navigation, utilizes smartphone sensors to provide sub-meter accurate indoor location services, surpassing the precision of hardware-based systems and other smartphone-only solutions. This technology allows for precise recognition of a shopper's location within a store, down to standing in front of a cash register, enabling personalized engagement with products, brands, and stores. ShopCloud operates within the business software sector, focusing on sales and marketing solutions, particularly e-commerce tools, and serves both consumers and the commerce and retail industries.

Strategic signal

In February 2014, ShopCloud launched Inside, a new indoor-location platform that leverages a phone's camera for precise indoor positioning. This development signaled a strategic focus on innovative mobile technology to redefine the in-store shopping experience, offering retailers a tool for enhanced customer engagement and targeted marketing based on highly accurate location data.

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Company Intelligence Q&A

What is ShopCloud's primary product?
ShopCloud's main product is Inside Navigation, a technology that uses smartphone sensors for highly accurate indoor location services, enabling precise shopper engagement within retail environments.
When was ShopCloud founded?
ShopCloud was founded in April 2012.
Who are the founders of ShopCloud?
The co-founders of ShopCloud are Gil Devora, Gilad Vaksman, and Michael Bar-Zeev.
What was a key product launch for ShopCloud?
In February 2014, ShopCloud launched Inside, an indoor-location platform that utilizes smartphone cameras to determine precise locations within retail spaces.
What is the total capital raised by ShopCloud?
ShopCloud has raised a total of $700,000 across one funding round.
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