Matterport, Inc. (NASDAQ: MTTR), the leading spatial data company driving the digital transformation of the built world, announced its investment in Simlab, a Polish developer of software toolkits for home and building owners to be used by operators of commercial and residential buildings.

Using the Matterport platform, Gliwice-based Simlab creates products and features that integrate Matterport digital twins with Building Information Modeling (BIM) and smart home IoT technologies. The partnership is intended to accelerate innovative products and deliver new tools for users in rapidly growing industries.

Simlab empowers multimedia digital command through cooperation with Matterport. Marek Kozlak, founder and CEO of SIMLAB, said: “Matterport’s investment will accelerate our technology development and growth plans. We are excited to collaborate on the future of spatial computing and the built world for our customers all over the world.” Matterport enables customers to track changes in a building structure, supervise construction, maintenance, or renovation progress. “Our partnership with SIMLAB further cements Matterport as the spatial data platform of choice for the architecture, engineering, and construction industries,” said RJ Pittman, Chief Executive Officer and Chairman of Matterport.

For more details, please see yahoo!finance’s article here.

Image credit: Matterport