United Maps GmbH announces successful closing of a seven-digit Series-A round

Munich, July 30th 2009 - Deploying its unique technology, United Maps GmbH optimizes quality, density and contents of vector maps. Market leading base maps from Navteq or Tele Atlas - well known from navigational devices made for vehicle traffic - are algorithmically combined and merged with supplemental cartographic data sets. The resulting new and comprehensive mapping products are perfectly fit for mobile and location based use cases.

United Maps premiers completely integrated geometries and fully compatible and routable data sets enabling multimodal routing: seamless navigation across all means of transport, from car to public mass transit and pedestrian options. Content rich United Maps offer new perspectives to LBS (location based media and services), business process optimizing and planning.

With GPS capabilities increasingly being available on mobile devices and smartphones, mobile navigation and mapping will become a mass market trend. Latest estimates see over 40% of German mobile users deploy some form of navigation on portable devices. As better and more informative vector maps are essential for a quick adoption, United Maps sees itself well positioned in a thriving market environment.

After only six months of production, United Maps recently introduced 'UM-DE': a comprehensive, nationwide vectormap in scales up to 1:2'000.

The current consortium of High-Tech Gruenderfonds, SeedFonds Bayern and SpaceTec Capital Partners teamed up with ClusterFonds StartUp! and now massively extends the initial Seed-investment into a Series-A round. Taking United Maps to a next level, the investors substantiate United Maps' unique technology of algorithmically conflating vector data sets, thus manifesting its potential in a quickly growing market for professional Geodata and Geoservices.

"We are happy to successfully close this Series-A funding with our investors", says Andreas Wiedmann, CEO and one of United Maps' three founders. Holger Heinen, Senior Investmentmanager with High-Tech Gruenderfonds, adds: "We invested further on because United Maps' approach, technology and the B2B model positions the company very well for a successful growth in the emerging Geoweb.“

With 16 professional cartographers, editors and GIS-experts, United Maps produces high-resolution vector cartography starting in November 2008. With UM-DE, the comprehensive and nationwide product covering Germany, further 200 European and worldwide cities and regions will follow.

United Maps is focussed on vector cartography and geoinformation and was founded in 2008 by Andreas Wiedmann (CEO), Stefan Knecht (CIO) and Carsten Recknagel (COO). With proprietary algorithms, experienced cartographers and efficient workflows, basemaps by leading industry providers are enhanced and added into a new generation of maps for mobile devices, webservices and process optimization (BPO). With unique detail, topical layers and exhaustive editorial input and maintainance, United Maps’ products "fill the gap within road networks" with relevant content and leverage innovative applications and services in the geospace.

Besides data licensed from Navteq or Tele Atlas, United Maps licenses data sets from NMOs (national mapping agencies). For Germany, data from the "Bundesamt fuer Kartografie und Geodaesie" (BKG) and "Arbeitsgemeinschaft der Vermessungsverwaltungen der Laender der Bundesrepublik Deutschland" (AdV) is used.

United Maps GmbH
Stefan Knecht
Agnes-Pockels-Bogen 1
80992 Muenchen
Tel.: +49 89 4521 393 11
press@unitedmaps.net
http://blog.unitedmaps.net

This release was published on openPR.