TechCrunch July 28, 2014
“Bluetooth Low Energy and iBeacon are the building blocks of the next wave of computing,” says Max Niederhofer of the micro-location technology that lets your smartphone trigger events based on how close you are to a Beacon transmitter. “It’s a cliché, but the possibilities are endless.”

If he sounds bullish, that’s because Niederhofer’s VC firm, Sunstone Capital, has just closed a $2 million investment in Kontakt.io, a Polish startup that offers its own Beacon platform, including the supply and customisation of Beacon hardware, underpinned by an open API and SDKs for iOS and Android.

The Kraków-based company, which counts Y Combinator alumni Estimote as a competitor, already boasts big-name customers such as Google, Facebook, Apple and Siemens, and says it plans to use the new capital to accelerate international expansion and evolve its product line.
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