GloNav, a global positioning system (GPS) technology firm backed by Atlantic Bridge Ventures in Dublin, was valued at $30 million in a recent funding deal.
GloNav was formed in June when Atlantic Bridge backed the buyout of the GPS division of Ceva, the chip design firm previously known as Parthus Technologies. Ceva kept a 19.9 per cent stake in GloNav, which it has valued at $6 million, according to a US stock exchange filing.
Atlantic Bridge backed the...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team