Location Labs, which has raised $26 million in venture financing, said Monday that it has bought Wirkle and Volley. Wirkle is a mobile product developer while Volley offers mobile group messaging. Financial terms weren’t announced. Draper Fisher Jurvetson, BlueRun Ventures (formerly Nokia Venture Partners), QUALCOMM Ventures, Intel Capital, and Mitsui Ventures have invested in Location Labs which provides security software.
Location Labs, creator of Safely,the leader in mobile and location-based security software, today announced that it has acquired Wirkle Inc., a mobile product development leader, and Volly Inc., a mobile group messaging company. These acquisitions increase the Location Labs’ core team to more than 150 strong. With new mobile engineers and product managers, Location Labs will strengthen investment in its Safely suite of services.
Wirkle’s mobile platform for iPhone and Android has powered applications such as OfficeDrop and VideoSurf and boasts millions of mobile users. Wirkle is also profitable, generating millions of dollars in revenue per year.
The Volly group messaging service has a strong appeal to families and has processed tens of millions of group messages since its inception.
With deep expertise in location-based services, social platforms, and mobile application development, the Wirkle and Volly teams expand Location Labs’ already strong core team of engineering and product innovators.
Location Labs continues its aggressive growth including the acquisition of companies and IP.
Tasso Roumeliotis, CEO and Founder, Location Labs
“We looked at many different mobile companies and were extremely impressed by the talents and mobile expertise of Wirkle and Volly. These acquisitions of IP, products, and team signify a milestone for Location Labs as we accelerate our growth in the mobile personal security space.”
Varun Khurana, CEO and Co-Founder, Wirkle
“We are delighted to be joining the Location Labs team. Working with this industry leader, together we will help build the next generation of mobile personal safety and security services.”
Max Mullen, CEO and Co-Founder, Volly
“We started Volly to streamline how consumers communicate across social and mobile platforms. Joining the innovators at Location Labs holds great promise for broader use of our service, delivering security to families.”
About Location Labs and Safely
Established by Location Labs in 2011, Safely(SM) provides services that enhance the safety of millions of families. Nearly a dozen Tier 1 wireless carrier services are powered by Safely, helping parents to keep tabs on loved ones through mobile alerts and online activity reports.
Safely includes: Safely Locate, a mobile location service available via AT&T FamilyMap, Sprint Family Locator and T-Mobile FamilyWhere; Safely Drive, the only carrier-grade, patent-pending safe-driving service on the market, available via Sprint DriveFirst and T-Mobile DriveSmart Plus; and Safely Social Monitor, an online service that helps parents stay informed about kids’ social network activities.
Location Labs has raised $26MM in venture financing from Draper Fisher Jurvetson, BlueRun Ventures (formerly Nokia Venture Partners), QUALCOMM Ventures, Intel Capital, and Mitsui Ventures and was named to Inc.’s 500/5000 list of America’s Fastest Growing Private Companies in both 2010 and 2011. For more information: http://www.Safely.com and http://www.LocationLabs.com.