Technology

NextNav raises $120M for its positioning system that uses a cellular signal to determine vertical position of smartphones inside multi-story buildings (Kirsten Korosec/TechCrunch)

Kirsten Korosec / TechCrunch:
NextNav raises $120M for its positioning system that uses a cellular signal to determine vertical position of smartphones inside multi-story buildings  —  NextNav LLC has raised $120 million in equity and debt to commercially deploy an indoor-positioning system that can pinpoint a device’s location …