ThayerMahan, a Groton, CT-based provider of autonomous maritime surveillance solutions, raised $30M in Series C funding.
The round was led by MC2 Security Fund (MC2). Other investors included I Squared Capital, Ducenta Squared Asset Management, Compass Partners, AE Industrial Partners, Hegemon Capital, and an affiliate of RiverPark Ventures.
The company intends to use the funds to expand operations and its business reach.
Founded in 2016 and led by CEO Mike Connor, ThayerMahan provides maritime domain data solutions serving industry sectors including maritime security, defense and intelligence, subsea infrastructure, offshore energy, living marine resources, and acoustic sciences. The company delivers data insights to its customers by deploying and operating a portfolio of unmanned autonomous sea-based systems. Its proprietary AI technology stack collects and curates data sets – analyzing and accelerating the speed of data comprehension.
FinSMEs
14/03/2023