Today GeoSentric released an application into the iPhone App Store, Tweetsii. Tweetsii is a mash-up with Twitter and Foursquare, providing real-time information streaming right from the application. Along with the release of the application, GeoSentric announces that it’s come across $11 million for the Location-based mobile networking services.
Location-based social networking is gaining steam, as a slew of companies have started to integrate it in their services. The first entrants into the game, Foursquare and Gowalla, have picked up plenty of users and it doesn’t seem like that will be slowing down any time soon. Google Latitude has also picked up a nice chunk of users as well, but is only accessible within the Maps application, and doesn’t seem as polished as others. If there were a time to jump into the LBS game, it’s now, as bigger players will begin to add these services in the near future.
GeoSentric’s Tweetsii, while features are something we’ve seen before, provides a nice consolidation of services into one application. Similar to the likes of Foursquare and Gowalla, a user can check into a location. Other features include “Exploring location content from other networks, and see what’s trending on Twitter in your location.” All seem fairly nice, no? Hopefully Tweetsii doesn’t step on the toes of the wrong people, as Facebook and Google have.
Schroders is GeoSentric’s sugar-daddy at the moment, funding the company with the $11 million, totaling a whopping $40 million that GeoSentric has invested. GeoSentric looks to come out swinging, and hopefully with the launch of their location-based services approaching, they may hit a hole in one. Adoption, however, is another story. With the current competition in the space at the moment, it may be hard to steal some users away, but GeoSentric is global, which may benefit them in the long run.
As said before, location-based services are coming, whether you like it or not, so get ready. It’s about to get overwhelming, and possibly really annoying. Kiss any shred of privacy that you’re hoarding goodbye.
[Via: VentureBeat]