Big raise for AI-powered construction tech bringing Street View to builders
OpenSpace, a company that utilizes helmet-mounted cameras and some fancy stitching software to create Street View-like scenes of jobs in progress, has just landed $14 million in Series A funding. The company's tech is deployed globally in construction projects worth more than $50 billion. I covered OpenSpace last year when the company emerged from stealth. Office workers have had the ability to create, edit, share, and revisit their work for a long time, but that has never truly existed in the construction industry, Jeevan Kalanithi, co-founder of OpenSpace, told ZDNet at the time. That's because creating, storing, searching, localizing, and indexing visual data from the real world has never really been possible until now.