Allegion Ventures Co-Leads Funding Round for AI-Powered Mapped
CARMEL, Ind.--(BUSINESS WIRE)--Allegion Ventures a $50 million corporate venture fund of Allegion plc has expanded its strategic portfolio with an investment in Mapped, an AI-powered data infrastructure platform for commercial and industrial IoT. Allegion Ventures was a co-lead investor in Mappeds seed II funding round alongside MetaProp. Combining cloud AI and intelligent edge software, Mapped helps customers securely access real-time data from legacy systems, devices, cloud sources and a
Allegion Ventures Co-Leads Funding Round for AI-Powered Mapped
CARMEL, Ind.--(BUSINESS WIRE)--Allegion Ventures a $50 million corporate venture fund of Allegion plc has expanded its strategic portfolio with an investment in Mapped, an AI-powered data infrastructure platform for commercial and industrial IoT. Allegion Ventures was a co-lead investor in Mappeds seed II funding round alongside MetaProp. Combining cloud AI and intelligent edge software, Mapped helps customers securely access real-time data from legacy systems, devices, cloud sources and a