Darmstadt based Emporis – which manages and markets building data in more than 50,000 cities worldwide – has completed a multi-million Euro financing round with Hamburg based VC firm Neuhaus Partners and KfW Bankengruppe yesterday.
Emporis collects data about the real estate and construction markets and has become the world’s largest publicly available database on architectural and building data.
As an open platform, Emporis.com allows users from all over the world to participate in the completion of building information in their own cities. The goal is to index all buildings using semantic syntax in order to query market no matter what language you use.
Currently 700 volunteer editors and photographers are gathering the data – crowdsourcing probably is the term du jour for this model of production. The access to this essential information for analysing the construction market, anticipating trends or finding business opportunities is sold at various Emporis Research plans.
(This article originally was written for blognation Germany. Since blognation is gone I have reposted it here)