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Loopt, Inc. was an American company based in Mountain View, California, which provided a service for smartphone users to share their location selectively with other people. The service supported all the major mobile operating systems.
Loopt, based in Silicon-Valley and backed by leading venture capital firms Sequoia Capital and New Enterprise Associates, has created an interoperable social-mapping service that allows individuals to use their location to discover the real world around them – enabling them to find and enjoy the people, places, and events that mean the most ...
Sep 7, 2010 · Since its launching in 2005, Loopt, a pioneer in making software for people to find each other on a map displayed on their mobile phones, competed mostly with other startups, including Foursquare...
Aug 23, 2011 · Location-based service Loopt is getting some nice promotion for the next three months, courtesy of San Francisco’s International Airport and Virgin America. And it might make your trip to the ...
Mar 9, 2012 · Mobile location start-up Loopt will be acquired by the banking company Green Dot, best-known for its prepaid cards. The deal is worth $43.4 million in cash, though that includes $9.8 million set aside in retention payments for key Loopt employees.
Mar 9, 2012 · Loopt offers mobile location-based services that allow users to discover the world around them, receive alerts about local deals, review local businesses and interact with friends on their iPhone...
In March 2012, after Loopt failed to gain traction with enough users, the company was acquired by the Green Dot Corporation for $43.4 million. The following month, Altman co-founded Hydrazine Capital with his brother, Jack Altman, which is still in operation.
