Loopt is a company based in Mountain View, California. California ( is a US state on the West Coast of the United States, along the Pacific Ocean. It provides a cellphone-based GPS sharing system with the goal of providing an innovative social mapping tool that allows friends to visualize one another using their cell phones and share information about interesting places. Basic concept of GPS operation A GPS receiver calculates its position by carefully timing the signals sent by the constellation of GPS Satellites high above the Earth Loopt is available on Boost Mobile, Sprint Nextel, select BlackBerry devices, and the 3G iPhone. Loopt also provides a location platform solutions.
The company was founded by Sam Altman, a computer science major at Stanford University. Leland Stanford Junior University, commonly known as Stanford University or simply Stanford, is a private Research university located in Altman, along with friends and students from Stanford and MIT, wrote the software that runs the system. In 2005 the small Loopt team received funding from Y Combinator, an early stage investment company that helps young entrepreneurs get past the challenges of starting a business. Y Combinator is a seed-stage Startup funding firm, started in 2005 by Paul Graham, Robert Morris, Trevor Blackwell, and Loopt has completed Series A and B financing led by Sequoia Capital [1] and New Enterprise Associates. Sequoia Capital is a Venture capital firm founded by Don Valentine in 1972 New Enterprise Associates (NEA based in Baltimore Maryland is one of the world's leading Venture capital firms focused on Information technology and
Loopt shows users where friends are located and what they are doing via detailed, interactive maps on their mobile phones. Loopt helps friends connect on the fly and navigate their social lives by orienting them to people, places and events. Users can also share location updates, geo-tagged photos and comments with friends in their mobile address book or on online social networks, communities and blogs. Loopt was designed with user privacy at its core and offers a variety of effective and intuitive privacy controls.
In February 2008, Loopt and CBS did a deal to deliver location-based advertisements. Although the industry seemed generally excited about the announcement, it's unclear how consumers will react to this new form of advertising.
At WWDC 2008 (Apple's Worldwide Developers Conference) on June 9, 2008, Loopt announced it is going to integrate with the iPhone. The Loopt application will be available for free at the launch of the App Store.
External links
- Official website
- iPhone App Store featuring Loopt
- Amol Sharma and Jessica Vascellaro. "Phones Will Soon Tell Where You Are", Wall Street Journal. Retrieved on 2008-06-10. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 1190 - Third Crusade: Frederick I Barbarossa drowns in the Sally River while leading an army to Jerusalem
- Laura M. Holson. "In CBS Test, Mobile Ads Find Users", New York Times. Retrieved on 2008-06-10. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 1190 - Third Crusade: Frederick I Barbarossa drowns in the Sally River while leading an army to Jerusalem
- Josh Quittner. "The Cheaper, Faster iPhone", Time. For other uses see Time (disambiguation Time is a component of a measuring system used to sequence events to compare the durations of Retrieved on 2008-06-09. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 53 - Roman Emperor Nero marries Claudia Octavia 62 - Claudia Octavia commits
- Eric Carr. "Location Technologies Primer", TechCrunch. TechCrunch is a Blog about Web 20 products & companies many of the posts written by Michael Arrington. Retrieved on 2008-06-10. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 1190 - Third Crusade: Frederick I Barbarossa drowns in the Sally River while leading an army to Jerusalem
- May Wong. "Start-Up Offers Cell Phone Mapping Service", TechNewsWorld, 14 November 2006. Events 1533 - Conquistadors from Spain under the leadership of Francisco Pizarro arrive in Cajamarca, Inca Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Retrieved on 2007-01-12. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 475 - Basiliscus becomes Byzantine Emperor, with a coronation ceremony in the Hebdomon palace in Constantinople
- Marguerite Reardon. "Mobile phones that track your buddies", News.com, 14 November 2006. CNET Networks Inc is a media company based in San Francisco California, United States, and is part of CBS Interactive, owned Events 1533 - Conquistadors from Spain under the leadership of Francisco Pizarro arrive in Cajamarca, Inca Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Retrieved on 2007-01-12. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 475 - Basiliscus becomes Byzantine Emperor, with a coronation ceremony in the Hebdomon palace in Constantinople
- "Startup Offers Cell Phone Mapping Service", Sydney Morning Herald, 14 November 2006. The Sydney Morning Herald ( SMH) is a daily Broadsheet Newspaper published by Fairfax Media in Sydney, Australia Events 1533 - Conquistadors from Spain under the leadership of Francisco Pizarro arrive in Cajamarca, Inca Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Retrieved on 2006-01-12. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Events 475 - Basiliscus becomes Byzantine Emperor, with a coronation ceremony in the Hebdomon palace in Constantinople
- May Wong. "New Ways to Keep in Touch by Cell Phone", PC World. PC World is a global Computer magazine published monthly by IDG. Retrieved on 2007-01-12. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 475 - Basiliscus becomes Byzantine Emperor, with a coronation ceremony in the Hebdomon palace in Constantinople
References
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