Wireless Location Company Wherify Scores $35 Mio. Investment

Posted: Feb 10 2006, 2:52am EST | by , Updated: Aug 10 2010, 5:09pm CDT, in News | Mobile Phones

Wireless Location Company Wherify Scores $35 Mio. Investment
/* Story Top Left 2010 300x250, created 7/15/10 */ google_ad_slot = "8340327155";

Wherify secured a package of equity financing where the Company can access up to $35 million of common stock equity over a two-year period, subject to effective stock registration and other terms of the agreement, from Dutchess Private Equities LP.

We reported about the Wherify Kids locator Wristwatch the first time way back in 2002. It is good to see that they well stick around.
Wherify will use the funds for marketing efforts and expanding global operations toward the upcoming launch of its Wherifone GPS Locator Phone, assisted-GPS technology platforms, and continued product development.
The Wherifone G550 (photo) is the world’s smallest GSM/Enhanced-GPS Locator Phone. The Wherifone provides affordable peace-of-mind to the modern mobile family. The slim, small and lightweight Tri-Band GSM cell phone (900/1800/1900 and 850/1800/1900) weighs under 70 grams and features incoming and outgoing calling, five programmable buttons for one touch dialing, a headset jack, and a backlit LCD display.
More details on the Wherify Wireless site.

This story may contain affiliate links.


Find rare products online! Get the free Tracker App now.

Download the free Tracker app now to get in-stock alerts on Pomsies, Oculus Go, SNES Classic and more.

Latest News


The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
Luigi can be contacted directly at ml[@]i4u.com.




comments powered by Disqus