PixTier

Company Overview

Snapshot

Founded in July 2013 by Dror Ouzana and Iovav Cohen, PixTier operated with 1-10 employees. The company raised a total of $1.3M across four funding rounds from three investors. In March 2019, PixTier received an investment from Enel and INFRALAB.

Business overview

PixTier developed the GeoTwin platform, a digital asset management solution for electricity and communication companies. Its core technology focused on creating digital twins of physical assets, enabling efficient digitization, visualization, and analysis. The platform integrated 3D mapping with data from company assets and geographic information, consolidating various data sources like IoT and GIS data, accessible via a cloud-based interface. PixTier operated in the Business Software sector, serving industries such as electric utilities, municipalities, and construction.

Strategic signal

PixTier ceased operations in May 2024. This event signals a critical inflection point for the company, indicating a complete halt in its business activities and product development. For investors and innovation teams, this highlights the inherent risks in the startup ecosystem, particularly for companies in specialized software development like 3D-mapping and digital twin technologies.

Company Intelligence Q&A

What is PixTier's operational status?

PixTier is non-active and ceased to operate in May 2024.

Who are the founders of PixTier?

PixTier was founded by Dror Ouzana and Iovav Cohen.

What was the total capital raised by PixTier?

PixTier raised a total of $1.3M across four funding rounds.

What was the GeoTwin platform?

The GeoTwin platform was a digital asset management solution developed by PixTier for electricity and communication companies, focusing on creating digital twins of physical assets for visualization and analysis.