Orbital Insight, a Palo Alto, Calif.-based the geospatial analytics software company, closed a $50m Series D financing.
The round was co-led by Sequoia Capital and Clearvision Ventures, with participation from new investors Invicta Growth, Bunge Ventures Ltd, Chevron Technology Ventures, Goldman Sachs, Tech Pioneers Fund, and others, and returning investors GV, Geodesic Capital, SKY Perfect JSAT, Intellectus Partners, and Lux Capital.
The company, which has now secured over $125m in funding, intends to use the funds to accelerate product innovation and expansion of its software solution, Orbital Insight GO.
Led by CEO and Founder Dr. James Crawford, Orbital Insight leverages AI and computer vision to analyze petabytes of multi-source geospatial data, including satellite and synthetic aperture radar (SAR) imagery, location intelligence, and vessel traffic (AIS) data, to enable clients to understand what is happening on and to the Earth and power profitability, operations, and policies with geospatial applications.
Current use cases include supply chain monitoring, real estate analysis, infrastructure mapping, and defense and intelligence.
The product is used by financial services firms, Global 2000 companies, several U.S. government agencies, and global non-profit organizations.