HomefundingMeridian Closes $1M Seed Funding

Meridian Closes $1M Seed Funding

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Meridian, a Portland, Ore. and San Francisco-based mobile-software company, has closed a $1m seed funding.

The round was led by Oregon Angel Fund and Bellingham Angels Group.

Led by CEO Kiyo Kubo, Meridian is launching a iOS and Android app that will allow location-based businesses and venues (chain retailers, large hospitals, pro-sports stadiums, casino/hotel conglomerates, real estate companies, convention centers, museums, parks, Fortune 500 corporate campuses and more) to engage visitors with turn-by-turn directions. It will network locations, each with their own branding, into one user interface.

The company intends to use the capital to deploy these enterprise customersā€™ presences on the app, as well as develop additional location-based software products and features. Meridian is also developing software tools to enable third-party developers and partners to build features for customers in Meridianā€™s targeted industries.

FinSMEs

14/11/2011

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