CartoDB acquires Estonian location data analysis company, Nutiteq
Feb 23, 2016
· Estonia · Software · All Deals
CartoDB, a world leading company for location intelligence, data analysis and visualization, has announced the acquisition of Nutiteq, a mobile mapping software development company with more than 15 million unique installations of their SDK, and a roster of clients that includes SeatGeek, LonelyPlanet, iRobot and Accenture, among others. This acquisition will allow CartoDB to offer a cross-platform mobile mapping SDK, with a core rendering engine that complements its geo-analytics capabilities. The offline mapping and routing capabilities along with their ability to work with a number of different sources of data, will enable enterprise customers to implement core location intelligence apps from a one-stop solution. “We believe there is a big opportunity to rethink how we interact with location data on mobile devices. Most geospatial innovation has been pushed to the consumer space. Now enterprises will be able to make use of location intelligence on mobile devices with CartoDB,” said Javier de la Torre, CEO of CartoDB. Nutiteq’s current SDK offering, including on-device analytics and vector rendering, will be augmented with CartoDB’s cloud location analytics and self-service products. This will provide a complete solution for companies building external facing apps or productivity tools on mobile. “We’re thrilled for the potential to unlock massive value for location intelligence in virtually every industry,” said Jaak Laineste, CEO of Nutiteq. “It’s no surprise that people are moving from laptops to smartphones, and it’s safe to say that enterprises will be quick to follow.”
Laineste will lead the mobile division for CartoDB. The entire Nutiteq team will join CartoDB, with an office opening in Estonia, where Nutiteq is currently headquartered. To learn more, visit: https://cartodb.com/mobile
CartoDB leads the world of location intelligence and data visualization, empowering any organization and individual to extract valuable insights from location data. CartoDB transforms layers of geospatial information into data driven maps that enable visual discovery of trends and patterns to make better, faster decisions. CartoDB’s technology is used together with big data and real-time systems to develop custom location intelligence applications. CartoDB’s self-service web platform allows anyone to effortlessly connect location data to gain insights through simple analysis and visualizations with no coding skills. CartoDB is spearheading the democratization of location intelligence, permitting anyone in industries such as financial, government, journalism, education and scientific to map and understand their world’s data in a more meaningful way. CartoDB launched in 2012 and is headquartered in New York. See more at cartodb.com.