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Loopt, Inc. was an American company based in Mountain View, California, which provided a service for smartphone users to share their location selectively with other people. The service supported all the major mobile operating systems .
Loopt, based in Silicon-Valley and backed by leading venture capital firms Sequoia Capital and New Enterprise Associates, has created an interoperable social-mapping service that allows individuals to use their location to discover the real world around them – enabling them to find and enjoy the people, places, and events that mean the most right here and now using their mobile phones.
Sep 7, 2010 · Location-based services are a $1.9 billion business, projected to hit $3.8 billion by 2012, according to research firm Gartner. Since its launching in 2005, Loopt, a pioneer in making software for ...
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Loopt was a mobile application and website that connected people to their community and local places. It was founded in 2005, raised $23.4M, and was acquired by Green Dot in 2012.
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Mar 9, 2012 · March 9, 2012 - 2:43 pm. In a move straight out of left field, Green Dot, a U.S. provider of prepaid debit cards, has acquired Loopt for total consideration of $43.4 million in cash. You can find ...
Sam Altman is co-founder and CEO of the Loopt social media network. Loopt is at the nexus of two of the hottest topics in social media – geolocation and location-based applications. Social Times ...
Mar 9, 2012 · Loopt (YC S05) acquired by Green Dot for $43.4M. by Alexis Ohanian 3/9/2012. Mobile location start-up Loopt will be acquired by the banking company Green Dot, best-known for its prepaid cards. The deal is worth $43.4 million in cash, though that includes $9.8 million set aside in retention payments for key Loopt employees. Loopt’s products ...