Wednesday, February 6, 2008
Networks In Motion Creates Research Lab
Aliso Viejo-based Networks In Motion, a provider of wireless navigation services for the mobile market, said today that it has opened up a research and development arm it is calling NIM Labs. Networks In Motion said the R&D arm will work on social networking solutions, advanced mobile phone platforms, and new wireless technology. Networks In Motion provides location based services, powering such services as Verizon's VZ Navigator and AAA Mobile; the firm is venture backed by Mission Ventures, Redpoint Ventures, and Sutter Hill Ventures.