CloudMade Secures $12,300,000 Series B Funding Round

  • Feed Type
  • Date
    7/28/2010
  • Company Name
    CloudMade
  • Mailing Address
    1370 Willow Rd. Menlo Park, CA 94025
  • Company Description
    CloudMade provides you with access to a range of innovative tools and APIs that allow you to make the most of map data. We source our map data from OpenStreetMap, the community mapping project which is making a free map of the world. Our first set of APIs were released to selected developers in May 2008 and allow the integration of high quality maps into mobile and web-based applications.
  • Website
    http://www.CloudMade.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,300,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company will use the funding to attempt to build the world’s most comprehensive map and geo database, and serve this data to developers, device manufacturers and mobileoperators. The investment will also be used to build out and add to CloudMade’s suite of consumer-focused mapping products, Mapzen.
  • M&A Terms
  • Venture Investor
    Greylock Partners
  • Venture Investor
    Undisclosed

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