Matterport Announces Investment In Digitization Tech Company Simlab To Accelerate Building Design, Construction And Management

07/29/21, 8:29 PM

Location

sunnyvale

Matterport, Inc. (NASDAQ: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced its strategic partnership and investment in SIMLAB, a technology company that specializes in the digitization of buildings throughout the design and construction phases and the development of software toolkits to help architecture, engineering, and construction (AEC) teams communicate more efficiently and effectively at every project stage. Using the Matterport platform, the company creates products and features that integrate Matterport digital twins with Building Information Modeling (BIM) and smart home IoT technologies. The partnership is intended to fuel the development of new integrations and innovative products to meet the needs of AEC customers.

Company Info

Company

Matterport

Location

sunnyvale, california, united states

Additional Info

Matterport, Inc. (NASDAQ: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make spaces more valuable and accessible. Millions of buildings in more than 150 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins. @2021 All rights reserved. Matterport is a registered trademark of Matterport, Inc., and Matterport Capture Services is a trademark of Matterport, Inc. All other marks are the property of their respective owners. Media Contact:Naomi LittleGlobal Communications Manager[email protected] +44 203 874 6664 Investor Contact: Soohwan Kim, CFAVP, Investor Relations[email protected]