Tag: Shaun Cooley
Allegion Ventures co-leads funding round for AI-powered Mapped
June 30, 2021SSN Staff
CARMEL, Ind.—Allegion Ventures, a $50 million corporate venture fund of Allegion plc, has expanded its strategic portfolio with an investment in Mapped, an AI-powered data infrastructure platform for commercial and industrial IoT.
Allegion Ventures was a co-lead investor in Mapped’s seed II funding round alongside MetaProp. Terms of the deal were not disclosed.
Combining cloud AI and intelligent edge software, Mapped helps customers securely access real-time data from...