About Plazes
Plazes is a company based in Berlin (Germany) founded in 2004 was acquired by Nokia in June 2008. Plazes has raised $4.71 million across 2 funding rounds from investors including Nokia, DH Private Equity Partners and BtoV. Plazes operates in a competitive market with competitors including Familo, Aloqa, Aka Aki, friendslist and Coopz, among others.
- Headquarter Berlin, Germany
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Sectors
Media & Entertainment
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Funding Insights of Plazes
Plazes has successfully raised a total of $4.71M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in February 2007. 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.
Investors in Plazes
Plazes has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Nokia, DH Private Equity Partners and BtoV.
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PE firm investing in Europe and the US
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Stage agnostic VC firm funding companies in Europe
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Hardware and software solutions for telecommunications are provided by Nokia.
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Investor details for Plazes
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Investments & Acquisitions by Plazes
Investment portfolio details for Plazes
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Financial Statements - Plazes
Detailed financials for Plazes
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Plazes Comparisons
Peer comparison for Plazes
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Competitors of Plazes
Plazes operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Familo, Aloqa, Aka Aki, friendslist and Coopz, among others.
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Location-based discovery platform
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Users are notified of nearby places, services, events, and people.
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Location based social networking platform
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Operates an app-based platform for arranging social meetups.
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App for connecting users through shared interests and real-time locations.
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Detailed competitors of Plazes
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Latest news on Plazes
Complete news archive for Plazes
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Frequently Asked Questions about Plazes
Plazes was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Plazes is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Plazes is a funded company, having raised a total of $4.71M across 2 funding rounds to date.
Plazes was founded in 2004 in Berlin, Germany, as a geosocial networking platform. Location and activities were posted by users and shared with others through computers or mobile devices. Groups were created or joined, with suggestions and search options provided. Following acquisition by Nokia, access to millions of users was gained, and integration into Nokia MapsHERE occurred before closure on May 11, 2012.
Plazes has 3 investors. Key investors include Nokia, DH Private Equity Partners, and BtoV.