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Matterport, Inc.
Matterport LLC is an American 3D mapping, 3D spatial mapping company headquartered in Sunnyvale, California. It is a subsidiary of CoStar Group. The company was founded in 2011 as a private Startup company, startup and subsequently merged with a special-purpose acquisition company in 2021 to commence public trading on the Nasdaq before being acquired by CoStar in 2025. The current CEO is R.J. Pittman. Matterport produces cameras used to capture images for 3D mapping of indoor spaces and the creation of digital twins. The company also provides various software as a service for real estate and property management. History 2011–2013: Founding as a startup Matterport was founded as a private startup in 2011 by Matthew Bell, David Gausebeck (known for Gausebeck–Levchin test used in CAPTCHA technology) and Michael Beebe. The company was established after Bell and Gausebeck developed a prototype camera for capturing 3D images inside a room using the PrimeSense camera-on-a-chip ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
