Digital Map Products Gets $36.3M - socaltech.com
Summary
Irvine-based Digital Map Products (DMP), a developer of cloud-based mapping products used by businesses and government for mapping and land use applications, has raised $36.3M in a strategic growth funding. The funding and management recapitalization came from Silversmith Capital Partners. Digital Map Products was founded by Jim Skurzynski and Geoff Wade, who will continue to lead the company. Todd MacLean and Marc Munfa, both of Silversmith Capital Partners, will join the companys board of directors. Silversmith said it was advised by Choat Hall & Stewart int he deal; Digital Map Products was advised by both Stradling Yocca Carlson & Rauth and Pagemill Partners.
Funding
Amount
$36.3M
Total raised
Date
September 15, 2016
Announcement date
Investors
-
Lead investors
Company
http://www.digmap.com
Funded company
Classifications
industries
Real Estate
applications
Data Management
AskAI Classifications
Labels
Geographic Information Systems (GIS)
Cloud Software
Mapping Software
Linked Companies
Digital Map Products
$10M to $25M