// startup autopsy
PanGo Networks
Wi-Fi location pioneer that arrived before the market was ready
timingAcqui-hire
Fatal mistake: Entered the Wi-Fi location market before enterprise demand and hardware infrastructure matured enough to support scalable adoption.
| Founded | 1999 |
|---|---|
| Closed | 2006 |
| Country | USA |
| Sector | Developer tools |
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Key Events Timeline
FOUNDING
PanGo Networks founded to exploit Wi-Fi's potential for enterprise indoor location and asset tracking.
PRODUCT LAUNCH
Launched Wi-Fi location platform for hospitals, warehouses, and enterprise campuses.
FUNDING
Raised $10M total in funding rounds to accelerate enterprise sales and product development.
SHUTDOWN
Acquired as standalone growth proved insufficient against commoditization by larger networking vendors.