TruePosition Acquires Rosum’s IP (TV Signal Triangulation)

Rosum burn $31 million in venture capital (Charles River venture,Allegis capital,KTB venture,Steamboat venture)

Over the course of the years Rosum 28 U.S. patents and nine international patents. TruePosition,who was among the investors in the second round of funding ($15 million,April 2008) is now the owner of this IP.

“Today,TruePosition has 52 U.S. patents and 130 international patents that cover a variety of wireless location technologies,” stated Steve Stuut,CEO of TruePosition.

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