Tuesday, September 19, 2017

Tourmaline Labs Raises Funding, Names New CEO

San Diego-based Tourmaline Labs, a startup developing location-aware smartphone software for mobile apps hsa raised a round of funding, and appointed a new CEO. According to Torumaline Labs, it has received an investment from ClearVision Equity Partners, and appointed Marc Brungger as its new CEO. Size and details of the funding were not announced. Brungger was previously CEO of Spireon, and also served as EVP & GM at Mitchell International. Tourmaline Labs was founded Dr. Lukas Kuhn and Sven Beerweiler. The company develops software development kits (SDKs) which allow mobile apps to incorporate activity and locatio information around the clock, without zapping battery power, as well as analytics and artificial intelligence software built on that SDK.