LocationSmart

Locaid is a leading provider of Location-as-a-Service (LaaS) with a robust, privacy-protected platform designed for real-time location determination. Based in Carlsbad, California, Locaid serves over 5 billion connected devices globally, including mobile devices across major carriers in the Americas. The company focuses on enabling enterprises and developers to enhance operational efficiency, reduce fraud, and gain consumer insights while ensuring compliance with regulatory requirements. Locaid's services include geolocation, two-way messaging, and device profiling, which help businesses engage customers effectively and enhance security through real-time identity verification and risk scoring. With a commitment to customer satisfaction, Locaid provides advanced tools for businesses to optimize their operations and drive revenue, making it a preferred choice for a wide range of industries, including financial institutions, software companies, and mobile app developers.

Khaled Dessouky Ph.D

Co-Founder, Executive Vice President and Board Member

1 past transactions

Locaid

Acquisition in 2015
Locaid, a leading provider in the Location-as-a-Service (LaaS) sector, specializes in cloud-based geolocation services that enable businesses to determine the physical location of customers, employees, or assets almost instantly. With access to over 5 billion connected devices worldwide and mobile location capabilities on more than 360 million devices, Locaid supports enterprises and developers in enhancing productivity, reducing fraud, and gaining valuable consumer insights. The company serves as a key location gateway for major telecommunications carriers in the Americas, making it a preferred partner for numerous global brands, financial institutions, and technology firms. Locaid's Omni-Location™ platform prioritizes privacy and compliance, allowing organizations to leverage location data effectively while ensuring user consent. By providing advanced reporting, geofencing, and messaging services, Locaid equips businesses with the tools necessary to optimize operations and engage customers in a hyper-local context.
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