Snap Acquires Crowdsourced 3D Mapping Tech Outfit Pixel8earth

Snap Inc. confirmed its acquisition of crowdsourced 3D mapping technology company Pixel8earth. According to a Form 10-Q filed with the Securities and Exchange Commission, Snap paid $7.6 million for Boulder, Colo.-based Pixel8earth. The Pixel8earth team--co-founder and CEO Sean Gorman, director of analytics Chris Helm, chief technology officer Pramukta Kumar and software engineer Winnie Palangpour--will join...