Open Signal Map Funded and other Funding GIS News

APB has covered the crowdsourcing project to map cell signal quality in the past. Now news it's turning into something more.

Crowdsourced mobile network measurement startup OpenSignal has raised a $1.3 million seed round from Qualcomm Ventures, O’Reilly AlphaTech Ventures and Passion Capital, which it will use to build up its database of mobile network performance metrics.

- GIgaOm

10gen, the sponsor company of the open source NoSQL database MongoDB, today announcedundisclosed investment from In-Q-Tel, a non-profit private equity and venture capital firm that invests in technologies deemed beneficial to the U.S. intelligence community. The typical investment from In-Q-Tel is rumored to be between $1 million and $3 million.

Until this point the company had raised some M$73. MongoDB has a geospatial component which enables many LBS and high transaction geo apps.

- TechCrunch

...Space-Time Insight announced its second round of funding of $14 million. Space-TIme Insight use geospatial and visual analytic technology to help businesses interpret their energy and utility data.

That brings total funding for the company to M$16 since 2009.

- VentureBeat

Published Wednesday, September 19th, 2012

Written by Adena Schutzberg

© 2017 Directions Media. All Rights Reserved.