Area360 snags $5.5 million from US investors to launch Seattle growth plans

Sun, 06 Sep 2015

By Suze Metherell Sept. 7 (BusinessDesk) - Area 360, the Seattle-based firm that owns the Wellington-founded STQRY app, has snagged $5.5 million from US venture capitalists Madrona Venture Group. Madrona led the financing round for Area 360, which will use the cash to fund its expansion, as the company shifts its headquarters to Seattle from Wellington, and chases growth for its mobile location technology platforms. The company has made a number of Seattle-based hires, including appointing Dave Martin, former general manager of OnlineSh...

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