Thursday, September 15, 2016
Digital Map Products Gets $36.3M
Irvine-based Digital Map Products (DMP), a developer of cloud-based mapping products used by businesses and government for mapping and land use applications, has raised $36.3M in a strategic growth funding. The funding and management recapitalization came from Silversmith Capital Partners. Digital Map Products was founded by Jim Skurzynski and Geoff Wade, who will continue to lead the company. Todd MacLean and Marc Munfa, both of Silversmith Capital Partners, will join the company's board of directors. Silversmith said it was advised by Choat Hall & Stewart int he deal; Digital Map Products was advised by both Stradling Yocca Carlson & Rauth and Pagemill Partners.