Monday, April 26, 2021

Snap Buys Pixel8earth

Venice, California-based Snap, the parent company of Snapchat, has acquired 3D image acquisition company Pixel8earth. The deal was reportedly worth $7.6M. Pixel8earth develops a crowdsourced, 3D imagery acquisition service, which allows people to help build out a an open, 3D map of the world--mapping into 3D space. Snap is reportedly incorporating the startup into its augmented reality efforts.