Video: Dundee firm eeGeo raises £3.4m to map world cities
With the ability to create real time maps for companies, eeGeo say they are struggling to keep up with demand.
Launched in 2015, the company says its platform is used by the likes of Cisco and NTT DoCoMo to deliver 3D map experiences.
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Hide AdThe company have recently secured £3.4 million in funding to help with their expansion from Netsol Technologies and a group of undisclosed investors.
As a result of the new funding, the company will be able to expand into building a range of market-specific products that customers can personalise according to their needs.
Ian Hetherington, CEO and founder, said: “We have seen an increase in customers and partners wanting to implement our mapping technology as part of their business offerings, in order to better engage with their end-users, maximise efficiency and create additional revenue streams.
“This strategic funding will put us in a position to serve a much larger market, whilst delivering new features and making our solution widely available.”
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Hide AdThe eeGeo platform has already been experienced by millions of end-users around the world, enabling businesses to easily visualise complex data sets and location-based services in a 3D mobile experience.
The maps also have the capabilities to analyse Big Data, for sectors such as crime maps to traffic information - all displayed in 3D.
The maps use the latest gaming technology to ensure that the graphics and performance is at the highest possible quality.
Najeeb Ghauri, CEO of NetSol spoke about his firm’s involvement, noting: “This is an opportunity to partner with a transformative company and grow a new revenue stream by collaborating on eeGeo’s disruptive product roadmap.
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Hide Ad“At NetSol we have an immense pool of talented software engineers working on developing cutting edge solutions for our industry vertical. This partnership was born out of a shared confidence that this same talent pool could accelerate eeGeo’s product vision. We look forward to closely working with eeGeo as they continue to grow their business.”
eeGeo have been used in many different industries, from tourism - with the ability for companies to create self-guided walking tours, complete with information pop-up links - to universities, looking to show off their campus’ to new students.