Apple Acquires Locationary

▤ Summary

According to reports, Apple acquired Locationary, a Toronto, Canada-based crowdsourced location data company.The amount of the deal was not disclosed.Led by Grant Ritchie, CEO, and Dan Servos, Chief Operating Officer, Locationary focuses on improving the quality of local business places data for mobile and web content, search, daily deals and navigation apps.Services include Data Origination, Data Cleaning, Publisher ID Mapping and Management of domestic and international local business places data in a cloud-based system.In 2011, the company secured $2.5m from Investment Accelerator Fund (IAF) and Trellis Capital, Extreme Venture Partners, Plazacorp Ventures, and angels (read here).

▦ Linked Companies