Locationary

Locationary

Locationary is changing how local data is collected and verified. Currently, mobile apps and search engines rely on local data licensed from aggregators that copy most of the information from yellow page directories. This process is expensive and results in stale data typically 12-18 months old. Locationary believes that only a global army of locals dedicated to data verification can keep this information up-to-date. They have now mobilized an army of users in over 70 countries who are collecting, validating and translating local data using Locationary's patent-pending technology. These locals compete with each other to be the first to add new places that have just opened and remove places that have just closed. Already over 20 million places in 92 countries have been added. Their objective is to build the world’s most complete and up-to-date database of places and to know within 48 hours whenever a place closes or a new place opens. Their mission is to use this massive database to help create the global system for local data modeled after the domain name system. Locationary believes there should be an open, networked system that provides businesses owners and others with a profile, managed by someone they trust, that keeps their contact information, business details, products, coupons, events, job postings, and rich media updated for universal distribution. By helping to create an open system and by distributing real-time updates to every website, search engine, and mobile app, Locationary hopes to be a part of the solution that makes real-time local search a reality.


Website:
http://www.locationary.com
Categories:
Startup

News on Locationary

Apple Acquiree's Path to Exit Crosses Through Banff
Last week Techvibes reported that Toronto-based startup Locationary was acquired by Apple for “multiple tens of millions” in what is believed to be Apple’s first acquisition in... more
Apple Reportedly Pays 'Tens of Millions' for Canadian Startup
Apple has taken a rare dip into the Canadian market by acquiring Toronto-based startup Locationary. The Globe and Mail reported that a source is indicating the deal is worth “multiple tens... more
Toronto's Locationary raises $2.5 Million in seed financing
Toronto's Locationary announced today it has secured $2.5 million from new investors, including the Investment Accelerator Fund (IAF) and Trellis Capital. Existing investors Extreme Venture... more
Toronto's Locationary to spend 48 hours in the Valley with C100
From May 18th to 20th, C100 is hosting a spring mentoring event called 48 hours in the Valley. 20 hand-picked Canadian start-ups will receive invaluable mentoring and networking... more

Address:
1600 - 67 Yonge St
Toronto, Ontario, Canada M5E 1J8