What is Devicescape Software?
Devicescape Software leverages the world's most extensive Wi-Fi beacon network to provide high-accuracy consumer presence detection capabilities to app and SDK publishers. With reach into millions of points of interest, Devicescape's presence awareness technology unlocks monetization and value-add opportunities for businesses by enabling data gathering, attribution, high-performance in-venue advertising, and automatic connectivity solutions. The company's core offering empowers a wide range of applications by delivering precise presence information wherever it is most critical.
How much funding has Devicescape Software raised?
Devicescape Software has raised a total of $25.9M across 4 funding rounds:
Series A
$7.2M
Series B
$12.2M
Other Financing Round
$3M
Other Financing Round
$3.5M
Series A (2003): $7.2M with participation from August Capital
Series B (2005): $12.2M led by Kleiner Perkins Caufield & Byers and August Capital
Other Financing Round (2012): $3M supported by Icon Ventures
Other Financing Round (2013): $3.5M featuring Icon Ventures
Key Investors in Devicescape Software
August Capital
August Capital is a venture capital firm known for its personal approach, focusing on providing significant support to entrepreneurs developing transformative businesses and emphasizing strong relationships and insights.
Icon Ventures
Icon Ventures is an early-stage venture capital fund specializing in AI-native and AI-powered companies, offering deep expertise and strong relationships to help build transformative businesses.
Kleiner Perkins Caufield & Byers
Kleiner Perkins is a venture capital firm that invests in early and growth-stage technology and life science companies, providing capital and operational support from seed through IPO.
What's next for Devicescape Software?
The substantial enterprise-level funding and strategic investment received by Devicescape Software indicate a strong market validation and provide the necessary capital for scaling operations, enhancing its technological infrastructure, and expanding its market reach. This financial backing is poised to accelerate the development of new features and services, further solidifying Devicescape's leadership in the presence detection sector. The company is well-positioned to capitalize on emerging opportunities in location-based services and data analytics, driving innovation and creating new avenues for value creation for its partners and end-users.
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