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Carto Raises $61M To Accelerate Cloud Native Spatial Analytics In The Enterprise

Dec 14, 2021•almost 4 years ago

Amount Raised

$61 Million

New York

Description

CARTO, the cloud native spatial analysis platform, today announces the closure of a $61 million Series C round led by New York-based global venture capital and private equity firm Insight Partners, with participation from the European Investment Fund, as well as existing investors Accel, Salesforce Ventures, Hearst Ventures, Earlybird and Kibo.

Company Information

Company

Carto

Location

New York, New York, United States

About

From smartphones to connected cars, location data is changing the way we live and the way we run businesses. Everything happens somewhere, but visualizing data to see where things are isn't the same as understanding why they happen there. CARTO is the world's leading cloud native location intelligence platform, enabling organizations to use spatial data and analysis for more efficient delivery routes, better behavioral marketing, strategic store placements, and much more. Data Scientists, Developers and Analysts use CARTO to optimize business processes, and predict future outcomes through the power of Spatial Data Science.

Funding Insights

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