Tech Company Financing Transactions
Hivemapper Funding Round
Hivemapper, based in Burlingame, received $2.9 million from Spark Capital, Founder Collective and GV.
Transaction Overview
Company Name
Announced On
11/6/2015
Transaction Type
Venture Equity
Amount
$2,900,000
Round
Seed
Investors
Spark Capital (Lead Investor) (Mo Koyfman)
Proceeds Purpose
Hivemapper plans to use its funding for hiring and to build a loyal user base within the drone community.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
291 Alma St. L
Burlingame, CA 94301
USA
Burlingame, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Overview
The Hivemapper Network is a global, crypto-mapping network that collects fresher, high resolution, and relevant map data in a more cost-effective way. Map contributors capture 4K street-level imagery with dashcams, carry out quality assurance, and annotate imagery. Map consumers leverage the map API across industries and use cases. Hivemapper is revolutionizing the mapping economy.
Management Team
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We do our best to document every notable VC transaction. VC transactions reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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