3-D Scanning Firm Matterport Raises $16 Million More to Speed Up Mobile Plans
Matterport, a company that sells a specialized camera for creating 3-D images of rooms, has raised an additional $16 million as the company looks to accelerate its mobile efforts.
The Mountain View, Calif.-based company wants to continue pursuing sales of its high-end homegrown camera while also taking its technology into mobile devices, starting with Google’s Project Tango tablet, developer versions of which are due to go on sale later this year.
“We hadn’t planned on mobile hitting [until] some time in 2015,” Matterport CEO Bill Brown said in an interview. “Because the timetable moved up we need to make the investments we need in mobile without taking away anything we are doing in the professional market.”
New investor DCM led the Series B round, with AME Cloud Ventures also joining a roster of investors that already includes Lux Capital, Felicis Ventures, Greylock Partners, Navitas Capital, AMD Ventures, Qualcomm Ventures, Rothenberg Ventures, Sling Media founder Blake Krikorian and Crate & Barrel founder Gordon Segal.
Matterport launched its $4,500 3-D camera and cloud service in March, focusing on business markets such as real estate and interior design.
A growing number of efforts are aimed at taking 3-D scanning into lower price ranges and the mobile market. Occipital has started selling developer versions of its Structure Sensor, a $350 Kinect-like camera that connects to an iPad.