$8 Million in Series A Financing for Mapillary

Mapillary, a community-based photomapping platform, has announced an $8 million Series A funding round led by Atomico, with participation from Sequoia, LDV Capital, and PlayFair.
According to the press release:

Anyone can contribute photos to the Mapillary platform and mobile app (available on iOS and Android) with a smartphone or action camera. The company’s computer vision software 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 growing global community has uploaded over 50 million photos and mapped more than 1.2 million kilometers in over 170 countries to date.
“Mapillary is reinventing the way we map and navigate our world,” said Niklas Zennström, CEO and Founding Partner at Atomico. “Their ambition is to transform the way we plan our cities, develop transport networks, and understand all parts of the globe. We’re proud to invest in the next phase of their growth and we look forward to working alongside Jan Erik and his team as they advance their technology and scale the business.”
Cities, corporations, and nonprofits can access Mapillary’s platform through an extensive API, which holds multiple layers of visual data. Mapillary’s ArcGIS integration — built in partnership with Esri, the world leader in Geographic Information System (GIS) software — lets governments, nonprofits and businesses see locations evolve in real-time, arming them with insight into infrastructural problems like inefficient public transportation and changes in road conditions.

Click here to read the full press release.