Tuesday, June 30, 2015

Spire Snags $40M For Weather Satellite Data Network

San Francisco-based Spire, a provider of weather satellite data, said today that it has raised $40M in a Series B funding. The funding was led by Promus Ventures, in addition to Bessemer Venture Partners, Jump Capital, RRE Ventures and Lemnos Labs. Spire says it offers up high fidelity weather and maritime information gathered from a constellation of 20 satellites. The company says it has now raised more than $80M in funding. Spire is led by Peter Platzer. Mike Collett of Primus joins the company's board.