Mapillary Raises $15m in Funding

Mapillary, a Malmö, Sweden-based street-level imagery platform, powered by collaboration and computer vision, raised $15m in funding.

The round was led by BMW i Ventures, with participation from Samsung Catalyst Fund and NavInfo and previous investors Atomico, Sequoia, PlayFair, and LDV Capital.

The company intends to use the funds to continue to expand the team, develop the platform and build a global network of contributors and users of map data.

Founded by Jan Erik Solem, Mapillary is a global network of contributors who want to make the world accessible to everyone by visualizing the world and building better maps. Anyone can join and collect street-level images, using tools like smartphones or action cameras. With computer vision, it connects images across time and space to create immersive street-level views and extract map data.
The company also has satellite offices in Graz, Austria, and Brooklyn, NY.

FinSMEs

19/04/2018