OpenBuildings Raises $2M in Series A Funding
Published On April 13, 2011 |
OpenBuildings, a London, UK-based global archive of buildings that allows professionals, lovers, tourists and students to share their architectural knowledge, has raised $2m in Series A funding.
The round was led by BlueRun Ventures and Index Ventures.
In conjunction with the funding, John Malloy of BlueRun Ventures will join the company’s board.
The company intends to use the funds to expand the team in London, UK and Sofia, Bulgaria as well as improve the existing technology.
Co-Founded by CEO Adel Zakout, and COO Tom Mallory, OpenBuildings allows registered users to share their architectural knowledge by finding and submitting building information, uploading media and opinions about historic, contemporary or conceptual buildings.
According to a written statement, the site currently has 50k registered users and holds data on over 40k buildings from across the globe.
The company, which developed an iPhone app, has just launched a new version of the website, which features updated information and content as well as new functionalities including daily-featured buildings, an easy submit process for architectural enthusiasts to add favourite buildings, and an extended submit process for professionals to add more details to their projects.