Google’s Street View is an astounding service, unimaginable a few years ago. But photographing streets and stitching them together is a costly and time-consuming exercise. Mapillary thinks it has the answer, by allowing users to map the world with their smartphone and other cameras. Clearly heavyweight investor Sequoia agrees, because today it’s announcing a $1.5 million in a seed funding round its leading into the company. Other backers include the London-based funds Playfair, Wellington and LDV Capital (the vehicle of New York-based investor Evan Nisselson). They are joined by a number of angel investors, including James Currier, Taavet Hinrikus, and Naval Ravikant.
Read More