About Locix
Locix is a Technology company based in San Bruno (United States) founded in 2015 by Vivek Khandelwal. Wireless sensors are developed for building-wide installations. It operates in the Technology, Industrial Goods & Manufacturing, and Transportation, Automotive & Logistics sectors. Locix has raised $9.65 million across 3 funding rounds from investors including Daikin, iRobot and Sumitomo Corporation. The company has 26 employees. Locix offers products and services including Warehouse Intelligence, SmartLPS, SmartDock, and Locix LPS. Its focus areas include High Tech, Security & Surveillance Technology, Location Tracking and Horizontal. Its legal entity is DRAGONFLY TECHNOLOGY INC. Its competitors include NextNav, Zebra and Humatics; 2 of its 3 listed competitors have raised funding.
Company details
Locix was founded in 2015 and is based in San Bruno, United States. Wireless sensors are developed for installation throughout buildings, with features including ultra-low power consumption and self-configuration. Visual data is captured by these sensors, which transmit information wirelessly to support ongoing detection of objects and persons. Operations center on the Internet of Things sector, providing solutions for building monitoring and management.
- Total Equity Funding$9.65M (USD)
in 3 rounds
- Latest Funding Round$3M (USD), Series B
Jan 2020
- InvestorsDaikin
& 9 more
- Employee Count26
Products & Services of Locix
Locix offers a comprehensive portfolio of products and services, including Warehouse Intelligence, SmartLPS, SmartDock, and Locix LPS.
Platform to boost warehouse productivity and asset utilization.
System for tracking raw materials and high-value tooling.
Tool to eliminate truck detention and optimize operations.
Network for indoor asset tracking and navigation services.
Funding Insights of Locix
Locix has successfully raised a total of $9.65M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $3 million completed in January 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9.65M
- Total Rounds 3
- Last Round Series B — $3M
- First Round $6.65M
(May 2018)
- Investors Count 10
All 3 funding rounds of Locix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2020 | $3M | Series B | – | Daikin | – |
| Sep 2018 | Series B | – | Murata Manufacturing | ||
| May 2018 | $6.65M | Series A | – | – | – |
10 investors in total: 10 institutional.
Investors in Locix
Locix has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Daikin, iRobot and Sumitomo Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate-backed investments in AI, sensors, and sectors are managed. | idsoftcapital.com | Santa Clara, United States | ||
Seed and Early stage VC firm investing in Japan | ut-ec.co.jp | Tokyo, Japan | ||
NTT Group backed venture capital fund | nttdocomo-v.com | Minato, Japan | ||
Developer and manufacturer of heating, ventilation, air conditioning and refrigeration equipment | 1924 | daikin.com | Osaka, Japan | |
Electronic components, modules, and devices are manufactured for various applications. | 1944 | murata.com | Kyoto, Japan | |
Laptops, desktops, tablets, and computer accessories are supplied globally. | 1976 | acer.com | Taipei, Taiwan | |
IoT and AI services are provided by YE DIGITAL CORPORATION. | 1978 | ye-digital.com | Kitakyushu, Japan | |
Domestic cleaning robots are provided by iRobot. | 1990 | irobot.com | New Bedford, United States | |
Diversified conglomerate operating across multiple industries | 1919 | sumitomocorp.com | Tokyo, Japan | |
Motion control, robotics, and system engineering solutions are provided globally. | 1915 | yaskawa-global.com | Germany |
Investor details for Locix
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People of Locix
3 people are tracked at Locix (2 in leadership, 1 in team); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
Vivek Khandelwal | Co-Founder | Leadership |
Manu Seth | Vice President of Locationing Technology and Engineering | Leadership |
Robert Lasater | Senior Software Engineer | Team |
Complete people profiles for Locix
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Timeline of Locix
3 dated milestones of Locix across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Locix is founded.
- Funding First funding round of $6.6M.
- Funding Latest funding round, Series B, of $3.0M.
Competitors of Locix
Locix has 3 listed competitors in our database, 2 of them funded. They include NextNav, Zebra and Humatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nextnav.com | 2008 | Sunnyvale, United States | $284.08M | 60 | Indoor positioning solutions for enterprises are provided. | |
| zebra.com | 1969 | Lincolnshire, United States | 9,800 | Zebra Technologies is recognized for providing intelligent operation solutions globally. | ||
| humatics.com | 2015 | Boston, United States | $83.25M | 54 | Control systems for collaborative robots in human environments are developed. |
Detailed competitors of Locix
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Top companies in Geospatial & GIS Platforms
3 companies that operate in the same segment as Locix (Geospatial & GIS Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 601.59 M | USD 307.73 M | 1,749 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | USD 3.59 B | 12,100 | ||
Foursquare is recognized as a leader in geospatial technology. | 2009 | New York, New York, United States | USD 448.21 M | 381 |
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Frequently Asked Questions about Locix
Locix was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Locix is headquartered in San Bruno, United States. It is registered at San Bruno, California, United States.
Locix is a funded company, having raised a total of $9.65M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.65M, raised on May 2018.
Locix has 26 employees.
Locix was founded in 2015 and is based in San Bruno, United States. Wireless sensors are developed for installation throughout buildings, with features including ultra-low power consumption and self-configuration. Visual data is captured by these sensors, which transmit information wirelessly to support ongoing detection of objects and persons. Operations center on the Internet of Things sector, providing solutions for building monitoring and management.
Locix offers Warehouse Intelligence, SmartLPS, SmartDock, and Locix LPS.
Locix has 10 investors. Key investors include Daikin, iRobot, Sumitomo Corporation, Murata Manufacturing, and Yaskawa.
Locix operates through Dragonfly Technology Inc..