Mapillary, a Malmo, Sweden-based provider of a community-based photomapping platform, raised $8m in Series A funding.
The round was led by Atomico, with participation from Sequoia, LDV Capital, and PlayFair.
Mapillary is a community-based photomapping service that allows people around the world to capture, share and explore photos that document the world in real time. Anyone can contribute photos to the Mapillary platform and mobile app (available on iOS and Android) with a smartphone or action camera.
The computer vision software platform automatically extracts geographic information, blurs license plates and faces, and detects traffic signs from each photo uploaded. Then, the photos are meticulously stitched together on the map alongside other users’ photos, creating a digital representation of each location through the eyes of those who have been there. Mapillary’s global community has uploaded over 50 million photos and mapped more than 1.2 million kilometers in over 170 countries to date.
Cities, corporations, and nonprofits can access the platform through an API, which holds multiple layers of visual data. The ArcGIS integration – built in partnership with Esri, the world leader in Geographic Information System (GIS) software – allows governments, nonprofits and businesses to see locations evolve in real-time, accessing to insight into infrastructural problems like inefficient public transportation and changes in road conditions.
FinSMEs
03/03/2016