Anagog Concluded Round A Strategic Investment from USA and Chinese Investors, Led by …

TEL AVIV, Israel & SAN JOSE, Calif.–(BUSINESS WIRE)–Anagog Ltd., the developer of the world’s largest crowdsourced parking network, announced today the successful completion of its Round A investment. Anagog perfects the mobility status algorithms that allow for advanced on-phone machine learning capabilities for best user experience with ultra-low battery consumption and with a high level of privacy protection. The lead investor in round A is GigOptix Inc., (NYSE MKT:GIG) a lead designer, developer, and global supplier of a broad range of analog, digital, and mixed signal components to enable high-speed information streaming over the telecom networks, datacom infrastructure, and consumer electronics links. Dr. Avi Katz, Founder, Chairman and CEO of GigOptix, Inc., will join Anagog’s Board of Directors. Other investors include a professional Chinese investor who is the founding partner…


Link to Full Article: Anagog Concluded Round A Strategic Investment from USA and Chinese Investors, Led by …