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.
