New Funding for Location Data Platform Radar

In the US, location data platform Radar has raised $20m in a Series B round of funding, which it will use to open a San Francisco office, while continuing to grow its headcount in New York.

Brooklyn-based Radar helps developers and product teams build location-related app experiences. The platform currently has four context types, supporting geofencing; place detection; home/work/traveling detection; and country/state/DMA detection. Since the company's seed round in October 2017, the firm has processed hundreds of billions of locations per year from nearly 100 million devices. Radar has also announced the availability of its open-source SDK version 3 in public beta, as well as several new APIs in private beta.

Latest funding has been led by Accel, bringing the total raised to date to $30.5m, and it will also be used to help the company scale its location data infrastructure. Nick Patrick (pictured), CEO and co-founder of Radar, comments: 'We started Radar to give developers the foundational tools they need to build amazing location-aware digital experiences, all while setting a high standard for privacy practices. Unlike others in the space, we will never sell, share or monetize any location data'.

Web site: www.radar.io .