Vanedge Capital joins $5 mln Series B funding of Boundless
Boundless Spatial has obtained US$5 million in Series B funding. Motorola Solutions Venture Capital led the deal and was joined by existing investors, including Vanedge Capital, a Canadian venture capital firm that led the company's Series A financing in 2013. New York-based Boundless is a provider of open source geospatial software and services which utilize location-based mapping technology. Proceeds of the latest round will be applied to continued investment in engineering and sales expansion, the company said. Earlier this year, Vanedge led investments in Control Mobile and MediaCore, which was subsequently acquired by Workday.
10 December 2015•3 mins read
