Kitchener’s Mappedin raises $3.5 million seed extension to fuel international expansion

Kitchener, Ontario indoor mapping platform Mappedin has closed a seed extension, led by Green Century Investments, with an assist by Amolino, and other local investors, bringing the company’s total venture capital financing to $3.5 million.
In 2015, Mappedin increased revenue by 507%, with demand soaring for its digital wayfinding platform, used primarily by premium malls, REITs and retailers to enable search and discoverability of indoor spaces for consumers.
Mappedin, which currently employs 33 people, forecasts that revenue growth figure to triple by the end of 2016.

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