MapBox this morning announced it closed a $10 million Series A round from Foundry Group.
This from the Foundry Group…
We are pleased to announce that we’ve led the $10m Series A funding of MapBox. Based in Washington, DC and San Francisco, CA, MapBox provides a highly customizable mapping platform based on open data sources for web and mobile application developers. We became aware of MapBox this past summer via two vectors: Zack Rosen, CEO of our portfolio company Pantheon, introduced us to Eric Gundersen, CEO of MapBox, and our portfolio company Gnip worked with MapBox and data artist Eric Fischer (now part of the MapBox team!) to do some amazing visualizations using geotagged tweets. When a company and entrepreneur is recommended to us via multiple trusted sources, we pay attention. While the digital mapping and satellite imagery industry has long been dominated by large companies, governments, and a proprietary data mindset, the open-source and open-data movements have made inroads into the mapping world. Most notable is the OpenStreetMap project, started in 2004, which now has over one million contributors worldwide building an ever-growing and extremely rich dataset. MapBox embraces open-data and open-source and provides a rich set of tools that enable publishers and web and mobile developers to quickly and easily add fast, beautiful, and highly customizable maps to their sites and apps.
See also MapBox’s blog post