News
HGP – MapAnything Raises $42.5 Million Series C to Expand its Leadership in $27B Location-of-Things Technologies and Services Market
Company Set to Drive Innovation in Field Sales and Service, to Deliver Higher Productivity and Location-Aware Customer Experiences
November 16, 2018 – Charlotte, NC – MapAnything, the leader in Location-of-Things (LoT) solutions, today announced the close of a $42.5M Series C investment that includes first-time participation from GM Ventures and Andrew Leto, with participation from existing investors Salesforce Ventures, Greycroft, Harbert Growth Partners, and David Stern. In connection with the financing, Andrew Leto, Executive Chairman of Emerge, has joined the MapAnything Board of Directors.
The Location-of-Things market is massive and growing. Markets and Markets predicts that it will reach $27B by 2022, driven by the shifting demands of customers in the on-demand economy. MapAnything is uniquely positioned to capitalize on this opportunity with nine years of innovation in the market and groundbreaking location-aware solutions that help 2,000 BtoB companies leverage location as a unique competitive differentiator.
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