Space Industry and Business News  
EARTH OBSERVATION
Boundless raises more than $5M in Series B Funding Round
by Staff Writers
New York NY (SPX) Dec 11, 2015


File image.

Boundless has announced it has raised more than $5 million in Series B funding led by Motorola Solutions Venture Capital. Boundless' existing investors, Vanedge Capital and In-Q-Tel, have participated in the round as well. The funding will be used to continue investment in engineering and sales expansion to make powerful yet cost-effective, standards-based geospatial solutions accessible across industries.

"Motorola Solutions leading this round of financing along with our original investors

is a testament to the opportunity not only in geospatial software but in the potential of open source," noted Andy Dearing, Boundless CEO. "We're honored by the recognition of both our vision and results, and look forward to using this investment to continue delivering great value-added services and solutions to our customers in 2016."

As companies and government agencies increasingly seek to unlock geospatial intelligence from their location-related data, they are looking to turn away from costly proprietary solutions toward open source solutions made freely available, which make it easy for developers to collaborate and advance the technology.

Customers are adopting the OpenGeo Suite and collaborating with Boundless Professional Services to build robust solutions for demanding production environments without significant additional license costs.

"Real-time mapping information is a powerful tool for our public safety and commercial customers who use it every day to respond to emergencies and deploy resources as quickly and efficiently as possible," said Paul Steinberg, chief technology officer, Motorola Solutions.

"Our customers are looking for solutions that turn mission-critical data into better outcomes for their businesses and agencies, and the open-source approach used by Boundless will help us deliver those innovations even faster."

"Organizations are recognizing the need to leverage open source software to reduce their costs while working with an experienced partner," said Moe Kermani, Managing Partner of Vanedge Capital.

"Boundless has done an excellent job growing both revenue and their customer base since we first invested, and we look forward to continuing to work with Andy and the management team to keep up the strong pace as OpenGeo suite expands into more Federal and Commercial accounts."

Boundless develops and supports powerful software for enterprise Spatial IT applications. Boundless provides platforms for managing data and building maps and applications designed for bringing spatial information into modern workflows.

The experts at Boundless reduce the cost and time of deploying and managing spatial software with packaging, support, maintenance, professional services, and expert training.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Boundless
Earth Observation News - Suppiliers, Technology and Application






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
EARTH OBSERVATION
GOES-R: Launching in October 2016
Washington DC (SPX) Dec 10, 2015
NOAA's Geostationary Operational Environmental Series satellite-R (GOES-R) will now be launched in October 2016. Earlier this year, NOAA, NASA and Lockheed Martin (the primary spacecraft developer) conducted an extensive review and decided moving the launch date from March 2016 to October 2016 would best mitigate possible schedule risks. The October 2016 date was determined by a number of factor ... read more


EARTH OBSERVATION
Conductor turned insulator amid disorder

Seeking a new generation of light-based sensing systems

EDRS-A and its laser are ready to fly

Russia's Kanopus-ST Research Satellite Deorbited, Heading to Earth

EARTH OBSERVATION
L-3 Communications to sell National Security Solutions business to CACI

Intelsat General applies best defense is a good offense to prevent jamming

Peryphon Development to supply rugged tactical communication products

Intelsat General to provide connectivity in support of Mid East operations

EARTH OBSERVATION
45th Space Wing supports NASA's Orbital ATK CRS-4 launch

Orbital cargo ship blasts off toward space station

Virgin Galactic Welcomes 'Cosmic Girl' To Fleet Of Space Access Vehicles

DXL-2: Studying X-ray emissions in space

EARTH OBSERVATION
Pentagon to re-examine Air Force GPS OCX program

India's GPS system will have better accuracy says ISRO

US Air Force General Blasts Raytheon's 'Disaster' GPS Control System

Russian Defense Ministry Conducts Final GLONASS Tests- Developer

EARTH OBSERVATION
Electric planes aim to soar high for cleaner aviation sector

Vulcanair selects TASE500 imaging system for Chilean Navy aircraft

Australia selects Lockheed Martin to develop pilot training system

Putin invites British experts to help analyse black box of downed warplane

EARTH OBSERVATION
A quantum spin on molecular computers

Quantum computer made of standard semiconductor materials

New access to the interior of electronic components

Semiconductor wafers exhibit strange quantum phenomenon at room temps

EARTH OBSERVATION
GOES-R: Launching in October 2016

Ames and Hera Systems Execute Licensing Agreement

Is That a Forest? That Depends on How You Define It

Timelapse from space reveals glacier in motion

EARTH OBSERVATION
Delhi outlines traffic ban plan to curb pollution

Beijing declares first-ever red alert for pollution

Beijing slashes traffic in pollution red alert

Coughing and unwell, Beijing patients lament smog









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.