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Snap Inc. is putting some muscle behind Snapchat’s Snap Map feature with its acquisition of New York-based startup StreetCred, which had been working on a location data platform.
Terms of the transaction were not disclosed.
The existing StreetCred platform will be shuttered, and four members of its team will join Snap, including co-founders Randy Meech and Diana Shkolnikov.
Prior to StreetCred, Meech and Shkolnikov were with Mapzen, Samsung’s now-defunct open mapping subsidiary, as CEO and engineering director, respectively.
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