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Guardian Mobile Monitoring Systems, Inc. of British Columbia, a provider of turn-key GPS solutions for the monitoring of assets, vehicles and loved ones, is pleased to announce the first closing of its Series B round of financing. The financing is lead by BC Advantage Funds, along with leading angel investors and software executives from Vancouver and across the United States. In conjunction with the financing,
David Raffa will be joining the Board representing BC Advantage Funds, joining Greg Peet, the Company’s Chairman of the Board and John Mack, CEO of USBX Advisory Services in Los Angeles, as non-executive directors.
The company’s patent-pending GPS platform is built to work with any wireless network in the world using any location technology, including those from industry leaders such as Trimble, Qualcomm and SiRF. The system enables resellers to offer branded GPS-based
monitoring services to commercial and consumer customers. Solutions range from covert asset tracking and fleet & equipment management to family safety applications, including teen driver monitoring.

Categories: Deal Flow, For The Books
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