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 precise location-based services. These applications range from data gathering and attribution to high-performance in-venue advertising and automatic connectivity solutions, delivering the power of presence wherever it is most impactful.
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 specializes in venture capital, taking a personal approach to their investments. They focus on investing in fewer enterprises, providing significant support to entrepreneurs in developing transformative businesses.
Kleiner Perkins Caufield & Byers
Kleiner Perkins is a Menlo Park-based venture capital firm that raises dedicated funds and invests in early and growth-stage technology and lifescience companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech.
Icon Ventures
Icon Ventures is an early-stage venture capital fund based in Palo Alto, CA, specializing in investing in AI-native and AI-powered companies. With over two decades of experience, they provide not just capital but also deep expertise and strong relationships within the venture capital ecosystem.
What's next for Devicescape Software?
The company's history of enterprise-level funding, including its latest strategic investment, suggests a focus on scaling its infrastructure and expanding its market reach. Future growth is likely to involve deepening partnerships with app developers and SDK publishers, further enhancing its presence detection accuracy, and exploring new use cases for its unique data set. This strategic financing will enable Devicescape to solidify its position as a leader in location intelligence and presence awareness.
See full Devicescape Software company page