Mobile destination guide provider GuidePal has raised $800,000 in a bid to speed up expansion of its business across Latin America, China and the US.
The Sweden-based company (TLabs Showcase – GuidePal] has not disclosed the details of the investment round, but it follows backing from an initial group of private investors at launch.
Claiming 3.5 million downloads of its various city guide apps so far, GuidePal plans to have a 10-millions strong base over the course of the next two years.
Read full story at: http://www.tnooz.com/2012/03/28/news/guidepal-raises-800000-dismisses-competitors-as-not-waking-up-and-smelling-the-coffee/