Descartes Labs raises $30 million Series B for its brand of geospatial analytics

 Descartes Labs is announcing a $30 million Series B this morning in a large round led by March Capital. This comes just three months after one of Descartes’ largest competitors, Orbital Insight, closed its own $50 million Series C with Sequoia. Both Descartes and Orbital are playing in the emerging market of geospatial analytics. These companies use machine learning to produce insights… Read More Continue reading Descartes Labs raises $30 million Series B for its brand of geospatial analytics

The US Government must work with tech companies if it wants to remain competitive in AI

 U.S. Secretary of Defense James Mattis is concluding his tech tour of the West Coast today with a visit to Google’s Mountain View campus. Mattis spent time at Amazon and the Defense Innovation Unit Experimental, earlier in the week. His key takeaway from all the socializing with tech leaders is that the Department of Defense needs to embrace technology coming out of the private sector… Read More Continue reading The US Government must work with tech companies if it wants to remain competitive in AI

Orbital Insight closes $50M Series C led by Sequoia

 This morning Orbital Insight, a geospatial analytics startup, announced that it had completed raising a $50 million Series C round of financing from Sequoia. The fresh capital brings the company’s total fundraising to $78.7 million. Orbital Insight generates analytics for businesses using satellite imagery and other data. A product of deep learning and more readily available… Read More Continue reading Orbital Insight closes $50M Series C led by Sequoia