Xora delivers location-based mobile workforce management solutions that allow customers to realize improved productivity, reduce the cost of field operations and provide better customer service.
Notes: Xora is currently raising a $10-$15M round. Existing investors include Dawntreader, Garage, Empire Ventures, and others. $11M total has been raised by the company with the last round raised in 2003. The LBS space hasn't garnered much VC attention lately since more than a few VCs have been burned in the past from such investments - GeoTouch, InirU, SigmaOne. Xora faces stiff competiton from middleware and GPS companies Sybase, Symbol, Telenav, Portable Internet, and others. That said, the company's products and customer list are solid and we believe in management's ability to raise another round of financing.
Exit Potential: 5; less than $100M
Financing Potential: 7
IPO Possibility: 2
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