Orbital Insight Raises Funds to Further Geospatial Analytics Tech Dev’t

Orbital Insight has raised $50M in a series D financing round jointly led by Clearvision Ventures and Sequoia Capital.

The company said Tuesday it will use the proceeds to innovate and expand a software offering designed to help customers analyze geospatial data.

Other investors that supported the funding round were Goldman Sachs, Invicta Growth, Bunge Ventures, Chevron Technology Ventures, Tech Pioneers Fund.

According to Orbital Insight, it has secured more than $125M it total funds as the software developer aims to  grow its share of the enterprise software market.

The GO software is designed for potential use in infrastructure mapping, real estate, defense, intelligence and supply chain monitoring efforts.

Orbital Insight debuted its platform in the U.S., Asian and European markets in May and partnered with Airbus to create a service offering intended to help defense and intelligence agencies detect changes in infrastructure or land use in real time.

Check Also

Ball Aerospace

NASA Taps Ball Aerospace to Support Land Imaging Tech Studies

Ball Aerospace has been selected to conduct three research projects to explore sustainable land imaging platforms that could support Earth observation satellite operations under a joint NASA-U.S. Geological Survey program.

Raytheon Technologies

Air Force Receives Raytheon Technologies-Built Laser Weapon System

Raytheon Technologies has built and delivered another high-energy laser weapon system to the U.S. Air Force for use in the branch's upcoming experiments and training activities overseas. The company said Monday HELWS has completed a directed energy weapon evaluation process and been approved for initial operational employment.

USCGC Stone

HII Puts Ninth Legend-Class National Security Cutter Through Sea Trials

Huntington Ingalls Industries has completed a series of at-sea tests on the U.S. Coast Guard's ninth Legend-class national security cutter in the Gulf of Mexico.