Tuesday, May 3, 2016

Sixgill Raises $6M For Proximity Sensing

Santa Monica-based Sixgill, a developer of location awareness software aimed at the enterprise market, has raised $6M in a funding round, the company said this morning. The funding was led by an affiliate of DRW Ventures, and also included Mobile Financial Partners. Sixgill is led by CEO Phil Ressler. The company says it is using proximity sensing for the enterprise, helping companies understand the movement of people, places and things in the enterprise. The startup also said the new funds will go towards sales, marketing, and accelerating product development at its new Los Angeles area office. Ressler was previously a venture investor at Clearstone Venture Partners. More information »

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