SITA
26 Chemin de Joinville, Cointrin, Geneva, Geneva, 1216, Switzerland
Overview
SITA is an air transport information technology and communications specialist, providing IT and telecommunication services to the air transport industry. Its IT and communication solutions are used by airlines, airports, governments, air cargo, aerospace, and international organizations. Almost every airline and airport in the world collaborates with SITA and relies on its expertise. Its strategic direction, developments, and innovations are driven by industry requirements. SITA currently serves around 450 members worldwide. SITA is guided by the expertise and experiences of the SITA Board and SITA Council. The services provided by the company include managed global communications, infrastructure, and outsourcing services. It also assists its customers by providing services for airline commercial management, passenger operations, flight operations, aircraft operations, air-to-ground communications, airport management and operations, baggage operations, transportation security and border management, cargo operations, and more.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Aerospace
- Air Transportation
- Information Technology
- Telecommunications
- Transportation
Investment portfolio
- LocusLabs
Participated · Series A · Feb 2017
LocusLabs provides an indoor mapping and location platform that uses a reality-capture system (depth cameras, lasers and sensors) to produce highly detailed 3D maps and a database of places, products and things. The platform deploys indoor positioning to augment GPS and uses smartphone camera tools to keep map content up-to-date. LocusLabs has rolled out its technology in over 70 airports and is integrated into more than a dozen major airline and airport apps (including American, United, Lufthansa, JetBlue, Dallas-Fort Worth and Delta), fueling millions of passenger experiences and supporting 90 million combined downloads. The company highlights micro-location use cases for both consumer experiences and B2B applications such as facility optimization and IoT/smart-building integrations. With a $3.5M Series A now secured, LocusLabs plans product enhancements, scalability to thousands of venues, expansion into new industry verticals, development of enterprise B2B applications, global market growth and team expansion.