Rosum raises $15 million for mobile GPS alternatives
Rosum has raised $15 million to invest in its navigation technology which is an alternative to global positioning system (GPS).
The Redwood City, Calif., company uses signals embedded in broadcast TV signals to fix the location of different moving objects. It serves as an alternative to GPS because it works in areas where GPS devices can’t get a clear view of satellites in the sky.
The company is focusing its efforts on femtocell, voice-over-Internet protocol (VoIP), and… Continue Reading