Loopt location updating
incorporating place and event information to its Pulse database, bringing in content from ZVents, Metromix, and Sonic Living.
Loopt's privacy notice states that users can control who receives geo-location information via privacy settings.
They were later joined by Alok Deshpande as well as two of Sam’s childhood friends, Rick & Tom Pernikoff.
Loopt received US million in Series A funding from Sequoia Capital and New Enterprise Associates and struck a deal to launch the service on Boost Mobile devices in September 2006.
The Loopt services had more than five million registered users and partnerships with every major U. In addition to the core features of Loopt, users also had the ability to integrate Loopt with other social networks, including Facebook and Twitter.
The company was founded in 2005 and received initial funding from Y Combinator.
Loopt's geosocial networking services, similar to the likes of whrrl, buzzd, and brightkite, show users where friends are located and what they are doing via maps on their mobile phones.