Enuvis
The most effective wireless infrastructure solutions on the market.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Enuvis, founded in 2000, operated in the vertical market software industry, specifically focusing on GPS technology for wireless devices. The company was headquartered in South San Francisco, CA. Enuvis secured $15 million in funding from investors including August Capital, Greylock, and SK Telecom, with a significant Series A round of $14.8 million on September 1, 2000, aimed at product development.
The core of Enuvis's business was its UrbanGPS software, a solution designed for carriers, as well as handset and device manufacturers. This technology enabled the delivery of location-based services to consumers by providing GPS functionality on wireless devices. The company's business model centered on providing this enabling software to other businesses within the mobile technology and telecommunications sectors.
After three years of operation focused on product development, Enuvis was acquired by SiRF Technology on February 18, 2003. At the time of its acquisition, the company had grown to 38 employees. The acquisition marked the conclusion of its journey as an independent entity, integrating its UrbanGPS technology into SiRF's portfolio.
Keywords: Enuvis, UrbanGPS, wireless device software, location-based services, GPS technology, vertical market software, mobile technology, handset manufacturers, wireless carriers, SiRF Technology acquisition, August Capital, Greylock, SK Telecom, telecommunications software, mobile GPS, device software, LBS provider, early-stage VC