SenionLab Solidifies Indoor Positioning System Market Dominance with $1.8M A-Round

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LINKÖPING, Sweden--(BUSINESS WIRE)--After quietly bootstrapping itself to market-share dominance in the emerging indoor position system (IPS) market, SenionLab AB accepted its first external financing round from one of Europe’s most seasoned venture capital funds, SEB Venture Capital. The SEK 15M ($1.8M USD) investment will primarily be used to strengthen SenionLab’s already leading position in IPS software by continuing to grow the company’s sales force and establish local presences in selecte

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