It looks like we have yet another Israeli startup to keep our eyes on. Known as Windward, this Tel Aviv-based company provides maritime analytics and data using a product called MARINT, which uses commercial satellites to track vessel traffic and alert law enforcement agencies to suspicious behavior. This is apparently attractive enough to investors to earn the startup another $10.8 million in funding.
Windward, a maritime data and analytics company, today announced a strategic investment of $10.8 million led by Horizons Ventures, with participation from Series A investor, Aleph, and other leading investors in the financial community. This strategic investment will accelerate Windward’s ability to build the largest, most comprehensive maritime data and analytics platform in history. In addition, it will make those insights accessible for anyone with stakes at sea, with a solution for the financial sector scheduled to launch later in 2015. “Ship activity across the oceans fuels the global economy but is one of the last analog arenas. The Windward team is revolutionizing this archaic system and bringing visibility to this critically important domain, advancing the global ecosystem,” said Jason Wong of Horizons Ventures. Windward’s intelligence solution, MARINT, is already in wide use by Security, Intelligence and Law Enforcement agencies worldwide, who use Windward’s data and insights to preemptively identify threats before they reach their shores.
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
Nokia may have (temporarily) pulled out of the handset market, but the company has spent more than $50 billion on research…
Panasonic is already a major player in the automotive electronics market, but it wants to make sure that the transition to…
Tesla is growing so quickly that it doesn't even have enough parking space for its employees, and it's not slowing…
There are thousands of Walmarts scattered across the country, so it's no surprise that companies like Apple and Google have…
