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Locationary signs deal with US reseller Localeze, expects to double staff to 32 this year

Early this month, local business information platform builder Locationary announced a deal with US-based company Localeze. The new partnership should see the company's platform penetrate the global market in location-based data.

"It's pretty interesting," says Locationary CEO Grant Ritchie. "Localeze has data agreements with most of the largest web providers. So this should see them moving into data management with out platform and technology."

That platform has been built steadily since late last summer when, as Yonge Street reported at the time, $2.5 million in investment capital allowed the company, based in Toronto's Entertainment District, to focus on building out its technology. "We used that capital to put our heads down and develop and launch this platform and to beta test it," says Ritchie. The technology, called Saturn, "is like a universal translator for local data," allowing data arriving in different formats to be integrated into one system.

Ritchie says that over the past year or so, his company has doubled the size of its staff to 16 full-time-equivalents, and continues to grow. "I could see us doubling again over the next six to 12 months," he says.

Writer: Edward Keenan
Source: Grant Ritchie, CEO, Locationary
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