United maps GmbH announces the successful completion of the second financing round in the seven-figure range. Succeeds the United maps GmbH was founded in February 2008 in Munich with a unique technology, optimize the content quality and density of vector maps. Known from navigation devices and optimized for the road transport base maps of the world’s leading manufacturer of NAVTEQ or Tele Atlas are combined with algorithmically nationwide with additional cartographic data. For the first time, multimodal routing is possible with fully integrated and compatible geometries: seamless navigation through all means of transport, by car in the train, in the Metro, the tram and walking on to the destination. The enormous content density offers unprecedented opportunities for place-based media, services and professional planning. With the GPS receivers built into mobile devices such as Smartphones, navigation is to the mass market.
According to market estimates, 2011 more than 40% of users of mobile phones are in Germany operate navigation on your device. Better and meaningful vector maps are necessary. United maps has to DE after only six months of production the first market-ready product available: a nationwide comprehensive vector map in scale to 1: 2,000. The previous investor consortium of High-Tech Grunderfonds, SeedFonds Bavaria, and SpaceTec capital partners expanded together with the ClusterFonds StartUp! now massively the seed investment of start-up. Thus attest the investors great potential in the fast-growing market for professional geodata United maps with the stand-alone technology and provide more funds for expansion and marketing with this round of financing. “We are very happy, that we have successfully completed this financing round with our investors”, as Andreas Wiedmann, CEO and one of three founders of United maps. Holger Heinen, senior investment manager at the High-Tech Grunderfonds, adds: “we have invested again, because the single technology and” United maps in the professional geo Web development business model perfectly positioned.” United maps produced high-resolution vector cartography with 16 experienced cartographers, editors and GIS experts since November 2008 for professional markets and applications. Follow along to DE, the nationwide product for Germany, more 200 global and European cities.
