Matterport Announces Strategic Partnership with Centaline Property Agency Limited, Expands 3D Reality Capture Platform in Greater China

Matterport Continues Rapid Growth with New Partnership with Top Real Estate Agency

SUNNYVALE, Calif., Nov. 6, 2017 – Matterport, an immersive media technology company, today announced that it has partnered with Centaline Data Technology Limited and Centaline Property Agency Limited, one of the largest real estate agencies in Greater China, to provide its interactive 3D reality capture and application platform to the agency’s professionals. The partnership marks a significant milestone in Matterport’s continued global expansion and initiative to further localize its product suite for key international markets.  

Earlier this year, Matterport launched its official China content distribution network in partnership with ChinaNetCenter (网宿科技), allowing for quicker rendering times for Chinese consumers. Matterport now offers its flagship 3D Showcase media player in Simplified Chinese, and Chinese characters (traditional and simplified) are supported for all user-generated content.

“As Matterport continues its rapid growth and international expansion, China is one of the next critical markets for us. We are extremely pleased to have found a strategic partner in Centaline Property Agency Limited that is similarly committed to our aim of transforming how people interact with and experience real-world spaces,” stated Bill Brown, Matterport CEO. “Our platform makes it fast and easy to create and share immersive 3D models of properties on the web, mobile and VR. We look forward to helping Centaline and its agents realize the full potential of how our technology can improve their business with all of their property listings.”  

With more than 60,000 professionals across 2,000 offices, Centaline is a definitive leader in China and has been at the forefront of fostering transparency in the property market by empowering its professionals with technology that enhances how their clients interact with residential and commercial real estate listings. By partnering with Matterport, Centaline is providing its agents access to the industry’s leading cloud-based 3D reality capture and distribution platform.

"The Centaline Property Agency is committed to making the home buying process as open, simple yet thorough as possible. Centaline Web now features the largest number property listings that include a VR experience," said Mr. Wong Wai-hung, Chairman and CEO of Centaline. “Partnering with Matterport was an obvious step toward further securing our leadership in the marketplace and increasing the number of listings that feature VR.”

Matterport’s system serves the industries of residential real estate; travel and hospitality; architecture, engineering and construction (AEC); business listings; insurance; and facilities management, among others. The company’s network of 2,700+ service partners across 80 countries has helped capture over 700,000 spaces, garnering over 250 million views.

Earlier this year, Matterport announced a partnership with Google to enable the publication of immersive Matterport content to Google Street View, as well as a partnership with Leica Geosystems to integrate their latest laser scanner to create immersive 3D visualizations for the AEC sector.

The company’s triple-digit revenue growth the past three years recently earned Matterport recognition as No. 3 on Silicon Valley Business Journal’s List of 50 Fastest-Growing Private Companies, and a ranking of No. 26 on the 36th annual Inc. 5000 in August of this year. Matterport’s end-to-end platform has set the pace for 3D technologies given the level of immersion and interactivity they offer and their mission to reimagine the way people experience the digital world.

About Matterport

Matterport is an immersive media technology company that delivers an end-to-end system for creating, modifying, distributing, and navigating immersive 3D and virtual reality (VR) versions of real-world spaces on the Web, mobile devices, and VR headsets. To learn more, visit www.matterport.com or the Matterport Gallery.

About Centaline

Founded in 1978, Centaline Property Agency Limited is the flagship of the Centaline Group today.  Throughout the decades, Centaline has extended its services arm from residential sector to various sectors including commercial, industrial, retail, car-parking spaces, bank-owned real estate properties and government quarters.  In recent years, the company has evolved to be a one-stop property services provider.

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