The spatial data and 3D tour company estimates the enterprise value of the combined companies will clock in at approximately $2.3B
GeoCV began winding down operations in October 2019, but the lawsuit between the former 3D tour technology rivals continued on for another year
John Stemmelin says he invested tens of thousands of dollars trying to build a 3D scanning business, but Matterport's promised leads never materialized
In the era of social distancing, safely creating video content to connect with clients is more important than ever
The luxury real estate market is highly competitive, but agents who harness technology, the media and their own social networks for marketing can make fortunes
The 3D imaging company's business staffers will likely be 'looking for new opportunities,' its CEO said, while software engineers are going to work for Occipital in Moscow
The company believes the prospect of buying an entire room's worth of furnishings and fixtures will appeal to property managers and short-term rental owners
The partnership will allow homeowners and agents to place photo-realistic furnishings in 3D spaces for as little as $64
Arraiy, which uses machine learning to blend virtual and real environments, will see its engineering team and technology integrated into the Matterport family
Matterport and GeoCV both say they offer a more immersive and truer three-dimensional touring product than Zillow's 3D Home app can provide
Until now, 3D tour technology had been dominated by dedicated imaging companies like GeoCV and Matterport, both of which charge more than Zillow’s free app
Proposed federal rules, while controversial to some critics, would allow drones to be flown at night and over crowds
3D walkthroughs from the likes of Matterport and GeoCV offer eye-popping visuals, but years after their introduction, they're still far from mainstream
The leadership shuffle comes at a time when Matterport is suing its 3D tour rival GeoCV
GeoCV blends 3D walkthroughs and drone-captured models for Halstead Real Estate, the NYC-based brokerage