Wednesday, September 16, 2015

Amplify.LA, TenOneTen See Exit At Mapsense, As Apple Picks Up Mapping Company

Los Angeles-based startup accelerator Amplify.LA and local Los Angeles venture investment firm TenOneTen Ventures have both scored an exit, at mapping visualization technology developer Mapsense. According to multiple reports, Mapsense was just acquired by Apple, in a deal worth between $25M and $30M. Neither Mapsense, its investors, nor Apple have commented on the deal. Mapsense lists TenOneTen, Amplify.LA, AmplifyLA's Chris Olson, and Kris Bjonerud (Amplify, CrossCut) as investors; Paul Bricault, Richard Wolpert, and Oded Noy are also listed as advisors to the company, which is located in San Francisco.

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