mTrack Services Ltd, the company behind the recently launched mobile phone location based service KidsOK, has just announced the receipt of second round funding amounting to 1 million Euros from London Seed Capital and private investors. mTrack Services was founded in January 2003 by Richard Jelbert and Peter Stent to take advantage of opportunities offered within the mobile communications marketplace and specifically in the emerging location based services (LBS) market. First round funding of 600,000 Euros was initially raised through business angel investors.
www.mtrackservices.com