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Mumbai Angels Invests In Screampoint

By Madhav A Chanchani

  • 26 Nov 2009

Screampoint, which provides 5D digital city and digital building systems, has raised some funding from Mumbai Angels, a network of about 60 angels who invest in startups.

A spokesperson confirmed this development to VCCircle adding that the investment has been made at its sweet spot of around Rs 1 crore.

Screampoint was acquired by building information modeling firm Satellier last year but continues to operate as an independent entity. Screampoint allows clients to envision, communicate, design, construct, manage, and service their properties more effectively.

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Satellier, which is led by Michael Jansen, raised $10 million from Sequoia Capital India in 2007. The company, which has offices across the world, is involved in work-share solutions and building information modeling services for the architecture, engineering, construction and building owners.

"The space is very vast and so far there is no company doing imaging of cities. And, it can become quite a large global play," said Prashant Choksey of Mumbai Angels.

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