SatNav raises $7 million from Sequoia
Navigation solution company, SatNav has raised $7mn from Sequoia capital and the fund will be used to enhance the product portfolio of SatNav besides boosting the depth of the company’s map content.
SatNav’s navigation solution is available on Windows OS mobiles, PDAs, PNDs, desktop and on Non-Windows OS phones, and will be ported to Symbian, Linux, Palm, Blackberry.
The company is looking at several other entry points like GPS, GSM, CDMA and GPRS; and will add 72 cities by the end of the year.[via]
And this goes handy with Sequoia’s ‘magic number‘ of $7mn!! (Guruji as well as MingleBox received the same).
Aside, SatNav guys seem to overdo the celebration – the site is literally celebrating the funding as if it’s a Diwali for them ! 
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Related posts:
- GPS Navigation: MapMyIndia partners with Ford/GM, SatNav gets into retail chains
- Satnav Partners with Survey of India – To Bring Maps to Consumers
- Navigation War: MapMyIndia secures $9 million
- Lost in the Middle? Call SatNav (has launched Voice Based Navigation Service)
- Navigation Roundup: MapMyIndia: iNav, SatNav take UGC route with roadsofindia
About the author - Ashish Sinha is a Startup Mentor/Product Strategy Coach, and the founder/chief editor of pluGGd.in.
He has launched/managed couple of products (consumer as well as enterprise) in US and India, and now consults with startups/small businesses on their product/media strategy. He can be reached at: ashish (at) pluGGd.in [+91 98452 06443]
