Matterport buys AI business Enview for $35m

Matterport, the spatial data company designed to digitise and index the world, has acquired AI company Enview for $35.5 million.

Matterport has a 3D data platform which can design, build, and operate real-life spaces by turning them into immersive digital twins.

The company said that Enview’s AI-based automation platform, launched in 2015, has in the past been rolled out at national-scale to solve mission-critical challenges from critical infrastructure protection for Fortune 500 energy companies, automating property analytics for insurance and disaster recovery applications, and logistics and mobility applications for national security customers.

Matterport added that the buy out will enable it to speed up the development of its spatial data analytics platform.

“For more than a decade Matterport has led the digital transformation of the built world,” said RJ Pittman, Matterport’s chairman and chief executive. “We turn buildings into data, and for the next decade of growth, our focus centres on unlocking the power of that data for our customers around the world.

“Enview’s powerful spatial data analysis technology fits right into this strategy and readily complements the Matterport platform. Together, we can deliver breakthrough building analysis and data insights to our customers including automated building inspections, AI-powered space planning, and property utilisation analysis to deliver operating efficiencies in a completely digital environment."

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