Tele Atlas
AcquiredThe living reference in digital mapping
s-Hertogenbosch, Netherlands · Founded 1984 · $210.0M raised
- Headquarters
- s-Hertogenbosch
- Employees
- 1001–5000
- Founded
- 1984
- Business Model
- B2B
- Total Funding
- $210.0M
- Last Round
- $210.0M Private EquityApr 2004
- Rounds
- 1
- Acquired by
- TomTomJul 2007 · $4.3B
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Tele Atlas was a Netherlands-based digital mapping company founded in 1984 that delivered digital maps and dynamic content for navigation and location-based services. The company provided map coverage of over 200 countries and territories, supplying data to automotive navigation manufacturers, mobile companies, and internet mapping services including Google Maps. Its fleet of mapping vans equipped with cameras and 3D scanning lasers collected real-world street data at scale. After a bidding war between TomTom and Garmin, Tele Atlas was acquired by TomTom in 2008 for approximately €2.9 billion and became a wholly owned subsidiary. At the time of acquisition, the company had approximately 1,889 employees and annual revenues of €308 million.
Summary
Tele Atlas is a Developer Tools company based in s-Hertogenbosch, Netherlands, founded in 1984. It has raised $210.0M in total across 1 round, most recently a $210.0M Private Equity round in Apr 2004. Investors include Oak Investment Partners, New Enterprise Associates and Meritech Capital Partners.
Funding & Exit History
Jul 2007
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Funding: Private Equity. Amounts, valuations, and investors where available.
Investors
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