Orbital Insight Receives $20,000,000 Series B Funding

  • Feed Type
  • Date
    6/27/2016
  • Company Name
    Orbital Insight
  • Mailing Address
    410 Cambridge Avenue 1st Floor Palo Alto, CA 94306 USA
  • Company Description
    Orbital Insight is a Geospatial Big Data company leveraging the rapidly growing availability of satellite, UAV, and other geospatial data sources, to understand and characterize socio-economic trends at global, regional, and hyper-local scales.
  • Website
    http://www.orbitalinsight.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    With this new round of funding, Orbital Insight plans to continue refining its ability to extract analysis from satellite imagery, improving, for instance, its ability to monitor the global oil supply. The company will also work to expand its range of detectable signals, and will continue hiring top talent in the machine vision and data science fields.
  • M&A Terms
  • Venture Investor
    GV
  • Venture Investor
    CME Group
  • Venture Investor
    In-Q-Tel
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Lux Capital
  • Venture Investor
    Bloomberg Beta

Trending on Xconomy