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August 16, 2012 08:32 pm GMT

Score One For Mobile Big Data: Location Analytics Startup Locately Acquired By Research Firm SMG

locately-logoBoston-based Locately, a location analytics firm which combines GPS signals with mobile surveys to understand how people shop and make decisions about where to dine, has been acquired by the customer research firm Service Management Group (SMG). Locately had previously raised just over a million via grants and angel funding, which included investment fromGabriel Weinberg (DuckDuckGo CEO), Joshua Schachter (Delicious founder),David Cancel (Compete founder), Mike Volpe (Hubspot CMO), Jeff Miller(Punchfork CEO), and Roy Rodenstein (Foundergoing.com, SocMetrics).Terms of the deal are not being disclosed, but Locately co-founder Drew Volpe says that investors "got a good return."

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/FakZF0pIO8M/

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