Meridian Raised $1m for Venue-Centric Mobile Apps

Meridian, a start-up company based in Portland, Oregon yesterday announced to have closed a $1 million round of seed funding to develop its mobile software offering for large venues that encompasses indoor maps and location-based services.

The round was led by Oregon Angel Fund and Bellingham Angels Group.

The software developed by Meridian provides venues with a customizable interface that reflect its branding, a search API and an indoor navigation system. Meridian customers include a bookstore, a couple of museums and a stadium.

Meridian said that many locations with millions of visitors per year have already signed on to start using their solution: chain retailers, large hospitals, pro-sports stadiums, casino/hotel conglomerates, real estate companies, convention centers, museums, parks, and Fortune 500 corporate campuses.

Meridian has also established a close relationship with Cisco. The networking giant turned to them to build the first “indoor GPS” app for the American Museum of Natural History that was launched in July 2010.

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