Data Infrastructure for IoT Company Launches, Powering the API Economy
AI-driven data infrastructure platform unlocks innovation at scale for commercial and industrial IoT environments.
Mapped, an AI-powered data infrastructure platform for commercial and industrial IoT, has launched and promises to change how data discovery, extraction, mapping, and enrichment happens in commercial and industrial IoT environments.
Mapped automatically discovers all disparate devices in commercial and industrial environments and map them into a simple ontology to help digitization teams, app developers, systems engineers, and subject matter experts instantly access normalized live data. Mapped further simplifies the experience by providing one simple, secure, and reliable API.
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Founded by Shaun Cooley, formerly vice president and chief technology officer of IoT at Cisco and a former Symantec distinguished engineer is joined by key executives from Cisco, Twilio, and Qualcomm. The company has raised $3M in seed funding from Greycroft, ANIMO Ventures and is backed by several industry leaders. Mapped has several early partners, including Fortune 100 technology giants, one of the world’s largest retailers, leading commercial real estate owner/operators, and a commercial manufacturer.
“We invested in Mapped because we believe in the team’s approach to solving the data infrastructure problem across all commercial and industrial environments. The company’s product leverages machine learning to automate data discovery, extraction, and mapping to deliver a true data infrastructure for every building, globally. The team’s deep expertise in IoT, security, and cloud technologies make them well equipped to bring this disruptive technology to market and their focus on opensource and developer-focused APIs will enable the next wave of software development in this space,” said Brentt Baltimore, principal, Greycroft, a Los Angeles-based venture capital firm.
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“I have seen even the largest of Fortune 100 companies struggle to digitize their existing automation environments or obtain data in a repeatable and scalable form. Most commercial and industrial building systems and components use legacy protocols that are complicated, unstructured, and often vendor and install-specific,” said Cooley, founder and CEO, Mapped. “Energy efficiency, space optimization, maintaining a healthy environment, predictive maintenance, workforce planning, and even insurance in commercial real estate all depend on data, but enterprises struggle to obtain and use data at scale. Our technology simplifies data sharing across various systems and locations in a secure and reliable manner. Additionally, Mapped helps alleviate anxiety around COVID-19 safety, as data can be used in real-time to inform around personal distance adherence, filtration needs, and building capacity.”
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