About Plazes
Plazes is a Media & Entertainment company based in Berlin (Germany) founded in 2004, and was acquired by Nokia in June 2008. Users are connected via location-based social networking features. Plazes has raised $4.71 million across 2 funding rounds from investors including Nokia, DH Private Equity Partners and BtoV. Its focus areas include Consumer, Social Platforms, Horizontal and Location Based. Its competitors include Familo, Aloqa and Aka Aki; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Berlin, Germany
- Stage Acquired
- SectorsMedia & Entertainment
- Website plazes.com
- Social X
- Acquired by Nokia (Jun 2008)
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.
- Total Funding $4.71M
- Total Rounds 2
- Last Round Series A — $3.5M
- First Round $1.21M
(Jan 2006)
- Investors Count 2
All 2 funding rounds of Plazes 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 |
|---|---|---|---|---|---|
| Feb 2007 | $3.5M | Series A | – | – | |
| Jan 2006 | $1.21M | Angel Round | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm investing in Europe and the US | dhpep.com | London, United Kingdom | ||
Stage agnostic VC firm funding companies in Europe | btov.vc | Berlin, Germany | ||
Hardware and software solutions for telecommunications are provided by Nokia. | 1865 | nokia.com | United States |
Investor details for Plazes
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Timeline of Plazes
4 dated milestones of Plazes across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Plazes is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Series A, of $3.5M.
- Exit Acquired by Nokia.
Competitors of Plazes
Plazes has 3 listed competitors in our database, 1 of them funded. They include Familo, Aloqa and Aka Aki.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| familo.net | 2012 | Hamburg, Germany | Location-based discovery platform | |||
| aloqa.com | 2007 | Munich, Germany | $1.5M | Users are notified of nearby places, services, events, and people. | ||
| aka-aki.com | 2007 | Berlin, Germany | Location based social networking platform |
Detailed competitors of Plazes
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
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Web traffic of Plazes
Websites that share an audience with Plazes (plazes.com).
Websites whose visitors overlap most with Plazes. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| flagr.com | 100% | View details | |||
| brightkite.com | 99% | View details | |||
| crunchbase.com | 96% | 3.7M | #12,418 | View details | |
fireeagle.yahoo.net | fireeagle.yahoo.net | 94% | – | ||
playfoursquare.com | playfoursquare.com | 92% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Plazes
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- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about 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. The company's 1st funding round was a Angel Round of $1.21M, raised on Jan 2006.
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.
Yes. Plazes was acquired by Nokia in June 2008.