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m law group advised United Maps in series A financing round

30.07.2009

m law group advised United Maps in its series A financing round. Investors of this financing round (in an undisclosed seven-digits amout) are the existing investors and ClusterFondStartUp! managed by Bayernkapital.

Deploying its unique technology, United Maps GmbH optimizes quality, density and contents of vector maps. Market leading base maps from Navteq or Tele Atlas - well known from navigational devices made for vehicle traffic - are algorithmically combined and merged with supplemental cartographic data sets. The resulting new and comprehensive mapping products are perfectly fit for mobile and location based use cases. United Maps premiers completely integrated geometries and fully compatible and routable data sets enabling multimodal routing: seamless navigation across all means of transport, from car to public mass transit and pedestrian options. Content rich United Maps offer new perspectives to LBS (location based media and services), business process optimizing and planning.

After only six months of production, United Maps recently introduced 'UM-DE': a comprehensive, nationwide vectormap in scales up to 1:2'000. Further 200 European and worldwide cities and regions will follow.

m law group advised United Maps in all aspects of the transaction.

Counsel to United Maps:
m law group: Rainer Kreifels (Lead, Corporate), Dr. Johannes Maidl (Corporate), Henno Groell (IP), Manfred Schmid, FA f. Arbeitsrecht (Labor & Employment).

Counsel to Investors:
Weitnauer, München: Dr. Wolfgang Weitnauer, M.C.L.

Practice Areas: Corporate & Compliance, IP-Strategy & Due Diligence, Labour & Employment
Industry: Information and Communication Technology