NextNav is deploying a revolutionary positioning technology to allow mobile phones and other devices to reliably determine their location in indoor and urban environments where GPS signals can't be received. NextNav's technology combines accurate horizontal positioning with floor-level height precision. Delivered over a managed network with carrier-grade dependability and metropolitan-wide coverage, NextNav's positioning services are designed for E911, public safety and emergency response as well as the multitude of consumer and commercial applications that require precise indoor location accuracy. Based in Sunnyvale, CA and McLean, VA, NextNav is working with the Public Safety community and major technology partners to embed its capability into new GPS chipsets and mobile phones.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
07/24/14 | $70,000,000 | Series D |
Columbia Capital Goldman Sachs Oak Investment Partners Telcom Ventures | undisclosed |
01/16/20 | $120,000,000 | Venture Debt & Equity |
Columbia Capital Fortress Investment Group Future Fund Goldman Sachs Asset Management New Enterprise Associates Oak Investment Partners Telcom Ventures | undisclosed |