MapBox Closes $10M Series A From Foundry Group To Build The Future Of Interactive, Mobile Maps

TechCrunch

Cloud-based map platform startup MapBox, which gives developers tools to add interactive maps to their web and mobile offerings, clad in their own brand colours/designs — and counts foursquare, Uber, GitHub, Evernote and the FT among its 2,500+ paying subscribers — has just closed a $10 million Series A from Foundry Group. The raise was announced in a blog on MapBox’s website.

It’s the first big round for MapBox, which has been bootstrapping the company up to now — although it did take in a $575,000 grant last year from The Knight Foundation to help improve the core infrastructure of OpenStreetMap (it uses the open source map data as its main source of mapping data).

MapBox competes with Google Maps, Nokia’s HERE, and ESRI to name three of the biggies but MapBox CEO Eric Gundersen argues it has the advantage of being mobile focused vs some of its…

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