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MetaCarta
Software that identifies geographic references in content
About MetaCarta
MetaCarta, founded in 1999, pioneered the use of geographic intelligence to analyze unstructured text-based data. The company was established by John R. Frank, Erik Rauch, and Doug Brenhouse. Frank's work on his Ph.D. in physics at the Massachusetts Institute of Technology, where he was a Hertz Fellow, formed the basis of the company's core technology. The founding team, with backgrounds from MIT and Babson College, conceived of using maps and locations, rather than just keywords, to search and retrieve information from documents.
The firm's primary product was a software platform that could georeference text, a process of identifying and assigning geographic coordinates to place names mentioned in documents. This technology, called Geographic Text Search (GTS) and later rebranded as Geographic Search and Referencing Platform (GSRP), made unstructured data "location-aware." It allowed clients to perform searches using a map interface, filtering and visualizing information based on geography. The system used natural language processing and machine learning to understand the context and disambiguate place names within various languages. The initial business model was envisioned to be advertising-driven, but the dot-com bust prompted a shift towards enterprise sales.
MetaCarta's client base was concentrated in sectors with a critical need for location-based intelligence. Key markets included defense, intelligence, homeland security, law enforcement, and the oil and gas industry. For instance, the company received early-stage funding from In-Q-Tel, the CIA's venture capital arm, and later secured partnerships with major energy sector players like IHS and Schlumberger. The software was often delivered as a server appliance for enterprise customers who could not use cloud services.
After several rounds of funding from angel investors and venture capital firms, MetaCarta was acquired by Nokia on April 9, 2010. Nokia integrated MetaCarta's core engineering team and its geographic intelligence technology to bolster its own local search and location services, notably for its HERE.com offering. In a subsequent move in July 2010, Nokia divested the MetaCarta enterprise products division and brand to Qbase Holdings, which later became Finch Computing. Finch has continued to develop the technology, evolving it into its Finch for Text® platform, expanding beyond geography to other entity types.
Source: Dealroom company dataAt a glance
- Founded
- 2001
- Headquarters
- Cambridge, United States
- Sector
- Other B2B Software
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Chevron Technology Ventures- SCSolstice Capital
Sevin Rosen Funds
Series B and later3 investors entered at this stage
In-Q-Tel
Covera Ventures- FVFA Technology Ventures
Source: Dealroom Talent Intelligence.
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