You've heard of the startup, but here's the latest tidbits, from Dr. John Corbett, CEO/Co-Founder, per Dave Taylor who attended the Angel Capital Summit.
AWhere, Inc. provides a desktop application for visualizing business data... on a map. With AWhere, anyone familiar with EXCEL and Chart can quickly visualize and interact with their business data alongside demographic and other readily available data that drives or predicts their business. Veteran Team: AWhere Inc. has assembled a veteran management team including the recent VP of World Sales from StorageTek/Sun and one of the founders of @Last which sold its Sketchup product to Google in 2006 because of its value-add to Google Maps. $954K Raised: Since January 2007, AWhere has closed $954K of angel funding towards a $1.6M goal via a convertible debt instrument. We have a robust, proven product with 700 licenses sold worldwide. The primary use of funds is execution of sales and marketing efforts. Comparable: MapInfo, our closest direct competitor in the business intelligence (BI) market was acquired by Pitney Bowes for $408M earlier this year.
From the company website: "AWhere, Inc (AWI) provides clients with complete consulting solutions using our GIS-based mapping software. AWhere is a GIS-lite tool for data visualization." The trick now for AWhere is to distinguish itself from MapInfo.
- Internet Financial News
