Cambridge, Ont., Canada, Nov. 23, 2015—exactEarth Ltd., the leading provider of Satellite AIS data services, announced today that it is investing AUD $2M to secure a minority ownership position in technology company, Myriota Pty Ltd of Adelaide, Australia. The...
Spire Raises $40M in Series B Financing
Spire, a satellite-powered data company, today announced it closed a $40 million Series B round of funding led by Promus Ventures with participation from new investors Bessemer Venture Partners and Jump Capital, as well as existing investors RRE Ventures and Lemnos...
Industry Insights: Gaining True ROI on Geospatial Technology Investments
By George Demmy, chief technology officer, TerraGo Technologies (www.terragotech.com), Sterling, Va. Geospatial technology professionals built an industry on understanding the importance of data in a geographic context and facilitating decision-making by gathering and...
Motorola Solutions Invests in Drone Maker CyPhy Works
SCHAUMBURG, Ill., Mar 16, 2015—Motorola Solutions has made a strategic investment in CyPhy Works, a leading developer of advanced unmanned aerial vehicles (UAVs), also known as drones. Founded by Helen Greiner, co-founder of iRobot, CyPhy Works has developed a...
3DRobotics Receives $50 Million Investment from Qualcomm
Drone maker 3DRobotics (3DR) recently announced a Series C round of fundraising with a $50 million investment from Qualcomm, the mobile chip maker. The investment is intended to leverage the smartphone industry's innovation and advance applications for 3DR drones.
