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 focuses on enhancing the shopping experience through cutting-edge technology, enabling consumers to discover, explore, buy, and share products via mobile devices. Its core product, Inside Navigation, utilizes smartphone sensors for sub-meter accurate indoor positioning, surpassing the precision of hardware-based and other smartphone-only solutions. This technology allows for precise location recognition within stores, down to standing in front of a cash register, serving the retail and e-commerce industries within the Business Software sector.
Strategic signal
In February 2014, ShopCloud launched Inside, a new indoor-location platform that leverages a phone's camera to determine a user's precise location within a mall. This development signaled a significant advancement in indoor navigation technology, offering retailers enhanced capabilities for targeted marketing and customer engagement by providing highly accurate location data, which was a key differentiator in the market at the time.
Log in to access full profile ›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.