Mobile Marketing Company PlaceIQ Raises $1 Million

PlaceIQ is a mobile marketing company that takes photos of places shared on mobile phones and turn it into “unstructured disparate sources of geodata into actionable business intelligence.” The Boulder, Colorado based company has raised $1 million and was co-founded by Duncan McCall and Steve Milton. Investors in this round include IA Ventures, Social Leverage, Jim Pallota, Jerry Neumann, Stuart Davidson, and kbs+p Ventures. [AllThingsD]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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