Tech Company Financing Transactions
Mapbox Funding Round
Mapbox secured a $280 million Series E funding round on 9/19/2023. Investors included SoftBank Group.
Transaction Overview
Company Name
Announced On
9/19/2023
Transaction Type
Venture Equity
Amount
$280,000,000
Round
Series E
Investors
SoftBank Group (Lead Investor)
Proceeds Purpose
This new funding accelerates Mapbox efforts to bring AI into the car, with new ADAS features for automated driving and safety that work across a wider range of roads and more geographic locations. The unique Mapbox map allows vehicles and devices to share 28 billion global daily map detections. With an increasingly sophisticated set of sensors inside vehicles, automakers need embedded AI processing to enable fast decision making.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1714 14th St. NW
Washington, DC 20009
USA
Washington, DC 20009
USA
Phone
Website
Email Address
Overview
Mapbox is a full-service cloud-based map platform for sharing fast, beautiful, interactive web maps. Overlay your data on hundreds of publicly available maps or design your own using TileMill. Share your maps on the web, socially, and on mobile devices. Get actionable feedback about how your maps are being used. That's Mapbox.
Management Team
Title
Name
Email & Social
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