Seattle based Glympse®, the world’s leading location sharing technology company, has raised additional $12 million from its investors, making the total capital raised since its inception to nearly $20 million. The funding is via a Series C financing, with participation from new investors, UMC Capital, Verizon Ventures and additional unnamed strategic investors, along with existing investors Ignition Partners, Menlo Ventures and Naya Ventures.
The company has pioneered real-time, temporary location sharing, and the app has collected numerous industry awards for its innovative technology and design. Glympse said in a statement that top-tier partners have integrated Glympse-branded technology across a wide range of products, including: Messaging Applications: Verizon Messages, Samsung ChatON, Blackberry Messenger; The Connected Car: BMW, MINI, Ford, GM, Jaguar, Land Rover, Mercedes, Volkswagen, Volvo; Wearables: Samsung Galaxy GEAR watch/Fit, Pebble watch; and Navigation: Garmin, NAVIGON; Air Travel: Gogo Inflight.
“Verizon was one of the first to integrate Glympse’s location sharing tools into our Messages app and we quickly saw the technology solving a very real problem for our customers. We are pleased to invest at this time and believe there is enormous opportunity for Verizon and for Glympse to further its leadership position.”
– Dan Keoppel, Executive Director, Verizon Ventures
“Glympse has set the standard for real-time location sharing, reaching the tens of millions of loyal users who have downloaded the Glympse app and tens of millions of additional consumers through our platform partners. Our lean team has been able to accomplish tremendous things, and this latest round sets the stage for more rapid development and expansion.”
– Bryan Trussel, Co-Founder and CEO, Glympse