uLocate announced an $11 million investment from GrandBanks Capital and Kodiak Venture Partners across the business wire this morning. GrandBanks Capital and Kodiak Venture Partners. Venrock’s General Partner, Mike Tyrrell, also joined uLocate’s Board of Directors.

uLocate’s products serve as an interface to mobile carrier’s various GPS location systems, enabling developers to create location based applications. They have some live examples for people location (Mapquest, Trackem), place search (kmaps), and photo geotagging(GeoSnapper, Where).

Readers interested in location based mobile applications should also check out Loopt, which powers Boost mobile’s friend finding service.