4M Analytics, an Austin, TX-based subsurface infrastructure mapping firm, raised $30M in Sequence A funding.
The spherical was led by Perception Companions and ITI Enterprise Capital Companions, with participation from Viola Ventures and F2 Enterprise Capital, Noam Bardin, former CEO of Waze (acquired by Google), and Nir Erez, the CEO and founding father of Moovit (acquired by Mobileye-Intel).
The corporate intends to make use of the funds to create a map of the USA’ subsurface infrastructure and develop their group.
Led by CEO Itzik Malka, 4M Analytics is a subsurface infrastructure mapping firm that cohesively maps and compiles subsurface infrastructures which can set off a brand new period of underground mapping touching almost each business: transportation, oil and gasoline, water and electrical energy, renewable power, and telecommunications.
By deploying information at scale, the 4M Analytics product, 4Map, compiles all utility information into one dashboard. With this information, clients can view utility information for numerous infrastructure tasks concurrently by an intuitive interface. The mapping assets will lower the period of time it takes to find underground utilities for civil engineering companies, engineering procurement development companies, contractors, and subsurface utility engineering companies within the transportation, oil and gasoline, water and electrical energy, renewable power, and telecommunications industries.