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  1. Mar 9, 2012 · March 9, 2012 - 2:43 pm. In a move straight out of left field, Green Dot, a U.S. provider of prepaid debit cards, has acquired Loopt for total consideration of $43.4 million in cash. You can find...

  2. Summary Financials People Technology Signals & News. Loopt is a mobile application and website that connects people to their community. Acquired by. Green Dot. Mountain View, California, United States. 11-50. Series C. Private. www.loopt.com.

    • Mountain View, California
    • Alok Deshpande, Nick Sivo, Sam Altman
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  4. Mar 9, 2012 · The deal is worth $43.4 million in cash, though that includes $9.8 million set aside in retention payments for key Loopt employees. Loopt’s products are to be shut down at an unspecified date, while its 30 employees will now comprise Green.

  5. www.ycombinator.com › companies › looptLoopt: | Y Combinator

    Loopt, based in Silicon-Valley and backed by leading venture capital firms Sequoia Capital and New Enterprise Associates, has created an interoperable social-mapping service that allows individuals to use their location to discover the real world around them – enabling them to find and enjoy the people, places, and events that mean the most right here and now using their mobile phones.

  6. Loopt Overview. Update this profile. Year Founded. 2005. Status. Acquired/ Merged. Employees. 45. Latest Deal Type. M&A. Latest Deal Amount. $33.6M. General Information. Description. Provider of a social service platform that connects people to their community.

    • 45
    • President
  7. Jul 24, 2008 · Loopt has reached deals with both Qualcomm and SiRF to give it unlimited dips of GPS data for one flat fee, Altman announced at MobileBeat 2008 today. What does this mean? Nearly every phone with...

  8. Mar 9, 2012 · Green Dot will pay total consideration of $43.4 million in cash for the company, which includes approximately $9.8 million to be set aside as a retention pool for key Loopt employees.

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