Samsung Catalyst Fund, BMW i Ventures and NavInfo all exited street-level image repository Mapillary in an acquisition by Facebook.
Social media group Facebook announced yesterday it has paid an undisclosed amount to acquire Sweden-based street imaging provider Mapillary, enabling corporates Samsung, BMW and NavInfo to exit.
Mapillary runs an online mapping platform where users can view ground-level pictures of cities, countryside and highways across the world. The images are crowdsourced by the company’s online community and tagged using computer vision-based technology.
Facebook plans to incorporate Mapillary’s assets into its own open mapping activities, aiding services like its second-hand goods…