Moximity, another location-based iPhone app, joins the fray

A new location-based iPhone application has just gone live in the App Store, and it hopes to tackle some of the problems similar location services have run into so far. Moximity is based in Austin, Tex., and prior to tonight was in stealth mode.

You’ll find some screenshots of the app below. In a nutshell, Moximity overlays your social network and the status and location of friends atop information about the bars, restaurants, concert halls and other venues near you.

read it here venturebeat.com