CYCLOMEDIA Strengthened By New Investment
Cyclomedia, a world leader in
providing highly accurate 360° street-level visual data, enhanced by AI-powered
analytics, announced a significant investment to bolster the company's growth
and pave the way for further success.
Cyclomedia has achieved high growth rates over the past years, coupled
with solid profitability, which has allowed it to build and cement its global
leadership position.
This announcement confirms Cyclomedia's commitment to continue
developing cutting-edge innovations that meet the needs of customers and
partners on a global scale.
The company will therefore be able to better support its customers in
harnessing the power of AI and real-world digital representations; such as
Digital Twins, in managing outdoors assets more efficiently, more effectively,
more safely and more sustainably.
The funding has been led by Cyclomedia's current lead investor Volpi
Capital, joined by a group of new investors, which strongly reaffirms investor
belief in Cyclomedia's growth potential and long-term success.
"We are delighted to share this announcement," said Serge
Lupas, Cyclomedia's CEO. "Not only have our existing investors reaffirmed
their commitment to Cyclomedia, but we also welcome new investors who share our
vision for the future. Their participation demonstrated their confidence in our
ability to deliver exceptional results and create lasting value for our
customers, partners and investors."
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